Sensitive talks between U.S. and Chinese delegations over tariffs concluded after a day of negotiations in Switzerland, with President Trump claiming “great progress” was made. The discussions, which lasted over 10 hours, aimed to de-escalate trade tensions exacerbated by high tariffs imposed by both countries, currently totaling up to 145% on some goods. While U.S. officials express a desire to negotiate a fair deal, Chinese representatives urge the U.S. to first reduce its unilateral tariffs, with hopes for further talks to resume on Sunday.
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