Trump tariffs live updates: Trump hails ‘very good progress’ as US-China talks continue

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Introduction:

The news topic “Trump tariffs live updates: Trump hails ‘very good progress’ as US-China talks continue” has drawn international attention, with various media outlets providing diverse insights, historical context, political stances, and on-the-ground developments. Below is a curated overview of how different countries and media organizations have covered this topic recently.

Quick Summary:

• The US and China both pointed to progress after high-stakes trade talks over the weekend. Both sides building optimism of further deescalation from a tariff tit-for-tat that has roiled global markets.Treasury Secretary Scott Bessent, who led the talks for the US delegation, said there was “substantial progress” The EU on Thursday unveiled a list of US products it will target with tariffs in the event trade negotiations fail. But the Federal Reserve Chair Jerome Powell emphasized on Wednesday that while sentiment has deteriorated, the tariff “shock hasn’t hit yet” as the central bank continues to hold the line on interest rates. “I’m happy to report that we’ve made substantial progress between the United States and China in the very important trade talks,” Bessen told reporters in Geneva.
• The US and China both pointed to progress after high-stakes trade talks over the weekend. Both sides building optimism of further deescalation from a tariff tit-for-tat that has roiled global markets.Treasury Secretary Scott Bessent, who led the talks for the US delegation, said there was “substantial progress” The EU on Thursday unveiled a list of US products it will target with tariffs in the event trade negotiations fail. But the Federal Reserve Chair Jerome Powell emphasized on Wednesday that while sentiment has deteriorated, the tariff “shock hasn’t hit yet” as the central bank continues to hold the line on interest rates. “I’m happy to report that we’ve made substantial progress between the United States and China in the very important trade talks,” Bessen told reporters in Geneva.
• US President Donald Trump hailed a “total reset” in US-China trade relations. Talks between top officials from Washington and Beijing aimed at de-escalating trade tensions. Second day of closed-door meetings between US Treasury Secretary Scott Bessent, Trade Representative Jamieson Greer and Chinese Vice Premier He Lifeng are due to restart in the morning. The discussions are the first time senior officials from the world’s two largest economies have met face-to-face to tackle the thorny topic of trade since Trump slapped steep new levies on China last month, sparking robust retaliation from Beijing. The levies imposed by Trump on the Asian manufacturing giant since the start of the year currently total 145 percent, with cumulative US duties on some Chinese goods reaching a staggering 245 percent.

Country-by-Country Breakdown:

Original Coverage

The US and China both pointed to progress after high-stakes trade talks over the weekend. Both sides building optimism of further deescalation from a tariff tit-for-tat that has roiled global markets.Treasury Secretary Scott Bessent, who led the talks for the US delegation, said there was “substantial progress” The EU on Thursday unveiled a list of US products it will target with tariffs in the event trade negotiations fail. But the Federal Reserve Chair Jerome Powell emphasized on Wednesday that while sentiment has deteriorated, the tariff “shock hasn’t hit yet” as the central bank continues to hold the line on interest rates. “I’m happy to report that we’ve made substantial progress between the United States and China in the very important trade talks,” Bessen told reporters in Geneva. Read full article

Trump tariffs live updates: Bessent hails ‘substantial progress’ as US-China talks wrap up

The US and China both pointed to progress after high-stakes trade talks over the weekend. Both sides building optimism of further deescalation from a tariff tit-for-tat that has roiled global markets.Treasury Secretary Scott Bessent, who led the talks for the US delegation, said there was “substantial progress” The EU on Thursday unveiled a list of US products it will target with tariffs in the event trade negotiations fail. But the Federal Reserve Chair Jerome Powell emphasized on Wednesday that while sentiment has deteriorated, the tariff “shock hasn’t hit yet” as the central bank continues to hold the line on interest rates. “I’m happy to report that we’ve made substantial progress between the United States and China in the very important trade talks,” Bessen told reporters in Geneva. Read full article

Donald Trump tariffs highlights: Trump hails ‘total reset’ in US-China trade relations as talks continue

US President Donald Trump hailed a “total reset” in US-China trade relations. Talks between top officials from Washington and Beijing aimed at de-escalating trade tensions. Second day of closed-door meetings between US Treasury Secretary Scott Bessent, Trade Representative Jamieson Greer and Chinese Vice Premier He Lifeng are due to restart in the morning. The discussions are the first time senior officials from the world’s two largest economies have met face-to-face to tackle the thorny topic of trade since Trump slapped steep new levies on China last month, sparking robust retaliation from Beijing. The levies imposed by Trump on the Asian manufacturing giant since the start of the year currently total 145 percent, with cumulative US duties on some Chinese goods reaching a staggering 245 percent. Read full article

Global Perspectives Summary:

Global media portray this story through varied cultural, economic, and political filters. While some focus on geopolitical ramifications, others highlight local impacts and human stories. Some nations frame the story around diplomatic tensions and international relations, while others examine domestic implications, public sentiment, or humanitarian concerns. This diversity of coverage reflects how national perspectives, media freedom, and journalistic priorities influence what the public learns about global events.

How did your country report this? Share your view in the comments.

Sources:

• Original Article
• Trump tariffs live updates: Bessent hails ‘substantial progress’ as US-China talks wrap up
• Donald Trump tariffs highlights: Trump hails ‘total reset’ in US-China trade relations as talks continue

Source: https://finance.yahoo.com/news/live/trump-tariffs-live-updates-trump-hails-very-good-progress-as-us-china-talks-continue-191201398.html