Trump says 'total reset negotiated' with China during tariff talks in Geneva

President Donald Trump announced connected Truth Social Saturday nighttime that "great progress" had been made during play commercialized negotiations with China.

During the gathering successful Geneva, Switzerland, betwixt U.S. officials, including Treasury Secretary Scott Bessent, and a Chinese delegation, "many things" were discussed and "much [was] agreed to," Trump said.

No large breakthrough was announced successful discussions that lasted implicit 10 hours, The Associated Press reported, and negotiations are scheduled to proceed Sunday. 

U.S. Treasury Secretary Scott Bessent leaves to conscionable with Chinese officials connected tariffs successful Geneva, Switzerland, Saturday. (Fabrice Coffrini/AFP via Getty Images)

PIVOTAL TRADE TALKS WITH BEIJING LOOM AS TRUMP SWEARS IN NEW US AMBASSADOR TO CHINA: ‘WHAT TIMING’

The medication announced a circular of tariffs April 2 and aboriginal imposed a 145% tariff connected Chinese goods.

After reducing reciprocal tariffs connected different countries for 90 days to a baseline of 10%, China raised tariffs connected U.S. goods to 125%.

Members of the Chinese delegation permission the tract wherever commercialized talks betwixt Chinese and U.S. delegations took spot successful Geneva, Switzerland, Saturday. (Reuters/Denis Balibouse)

TRUMP IS COMMITTED TO 10% BASELINE TARIFF, WHITE HOUSE SAYS, DESPITE UK TRADE DEAL ANNOUNCEMENT

On Thursday, Trump told reporters astatine the White House China "very much" wanted to marque a deal, ending the aggravated tariff battle.

While the president did not supply galore specifics Saturday night, helium described the statement arsenic "a full reset negotiated successful a friendly, but constructive, manner."

"We privation to see, for the bully of some China and the U.S., an opening up of China to American business," Trump wrote successful the post. "GREAT PROGRESS MADE!!!"

Treasury Secretary Scott Bessent heads to commercialized talks betwixt Chinese and U.S. delegations successful Geneva, Switzerland.  (Reuters/Denis Balibouse)

TRUMP SAYS 80% TARIFF ON CHINA ‘SEEMS RIGHT’ AHEAD OF WEEKEND TALKS WITH BEIJING

A longtime protagonist of tariffs, Trump argued that "fair" duties could code the nation’s grounds $1.2 trillion commercialized shortage from 2024 and promote the instrumentality of U.S. manufacturing jobs.

Bessent said successful April the tariffs could outgo China up to 10 cardinal jobs, making Chinese tariffs unsustainable.

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"Even if determination is simply a driblet successful the tariffs, they could suffer 5 cardinal jobs," Bessent told White House reporters. "Remember that we are the shortage country. They merchantability astir 5 times much goods to america than we merchantability to them. So, the onus volition beryllium connected them to instrumentality disconnected these tariffs."

Fox News Digital's Diana Stancy and The Associated Press contributed to this report.