World • 09/05/25
As officials prepare for crucial talks, the path to a US-China trade agreement is far more complex than the recent UK deal.
As Trump administration officials prepare to meet with Chinese officials in Geneva this weekend, the momentum from the United Kingdom trade deal announcement on Thursday might seem promising. However, experts caution against high expectations.
"I'm keeping my expectations in check. Tariffs are high. Tensions are high. It's easier to impose tariffs than to unwind them," said Wendy Cutler, a former US trade negotiator and current vice president of the Asia Society Policy Institute.
President Donald Trump, known for his strong stance on trade deficits, has implemented steep tariffs on China, with rates reaching 145% for many products. China has retaliated with tariffs of its own, s...