But the fight with China has been the most intense. His tariffs on China include a 20% charge meant to pressure Beijing into doing more to stop the flow of the synthetic opioid fentanyl into the United States. The remaining 125% involve a dispute that dates back to Trump’s first term and comes atop tariffs he levied on China back then, which mean

Sun Yun, director of the China program at the Stimson Center, noted it will be the first time He and Bessent have talked. And she doubts the Geneva meeting will produce any substantive results. ????????????  

U.S. President Donald Trump last month raised U.S. tariffs on China to a combined 145%, and China retaliated by hitting American imports with a 125% levy. Tariffs that high essentially amount to the countries’ boycotting each other’s products, disrupting trade that last year topped $660 billion. ?????  

Prospects for a major breakthrough appear dim. But there is hope that the two countries will scale back the massive taxes – tariffs – they’ve slapped on each other’s goods, a move that would relieve world financial markets and companies on both sides of the Pacific Ocean that depend on U.S.-China trade. ????? ???????  

Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer will meet in Geneva with a Chinese delegation led by Vice Premier He Lifeng. ????????????