President Donald Trump initially resisted calls to reduce tariffs on Chinese imports, believing that the U.S. needed to endure short-term economic pain for a significant trade rebalancing. He perceived that China had more to lose in this trade standoff.

The president has backtracked repeatedly on his tariff policies, creating a whiplash with downsides and few clear benefits so far.

President Donald Trump says “great progress” was being made in ongoing U.S.-China talks over tariffs menacing the global economy, and even suggested a “total reset" was on the table as tariff negotiations are set to continue Sunday in Switzerland.

The Trump administration's tariff policy has reshaped international trade dynamics, imposing significant import taxes on a wide range of countries and products. This approach has led to a substantial increase in the average effective tariff rate,

Challenges to President Trump's use of emergency power to impose sweeping tariffs cite legal doctrines that have been embraced by the conservative Supreme Court justices.

Charles Gasparino added he "couldn't help" himself from predicting that Trump would try to spin the deal between the countries as a "major victory" for America.

The stock market surged higher on Monday after President Donald Trump released details surrounding progress on U.S.-China trade talks.Over the weekend, U.S. Treasury Secretary Scott Bessent, U.S. Trade Representative Jamieson Greer,

In a new social media post, the president calls the meeting a "total reset" between the two countries without providing further details.