#176|Why Is China So Quick to Enter Negotiations with the U.S.?

A major breakthrough was made during the two-day closed-door meeting between high-level Chinese and American officials in Geneva. On the long-contentious issue of tariffs, both sides made the rare move of issuing a unified statement: the negotiations had achieved “significant progress.” Chinese Vice Premier He Lifeng announced that both parties had reached a consensus on “establishing a trade consultation mechanism,” while U.S. Treasury Secretary Scott Bessent stated that the talks had made “substantive progress.” (Image|Reuters)

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