China and the United States release a joint statement on the Geneva economic and trade talks, reaching a consensus on tariffs, with a response from the Ministry of Foreign Affairs

Wallstreetcn
2025.05.12 07:28

On May 12th, Foreign Ministry spokesperson Lin Jian hosted a regular press conference. A Bloomberg reporter asked, given the results of the China-U.S. negotiations in Switzerland, China will reduce tariffs on the U.S. to 10%, and the U.S. will also reduce tariffs on China. What is China's comment on this outcome? Lin Jian stated that regarding the high-level economic and trade talks between China and the U.S., China has already released information. We have just received this relevant information, and both sides have issued a joint statement on the talks' outcomes, which you can refer to for details. (The Paper)