U.S.–China Trade Talks: Greer Lowers Hopes for Breakthrough as Deal Remains Elusive

On Monday, July 28, U.S. Trade Representative Jamieson Greer dampened optimism surrounding the ongoing trade negotiations between the United States and China. While he welcomed the willingness of both global powers to engage in dialogue, he warned that any outcome this week is likely to bring only “modest progress” rather than a major breakthrough. Greer emphasized that his role is to closely monitor the implementation and evolution of existing agreements. The third round of high-level negotiations, held in Sweden, aimed to ease tensions triggered by Trump’s aggressive tariff policy.

Hopes for a Deal? Bessent Remains Confident While Greer cooled expectations, U.S. Treasury Secretary Scott Bessent remains optimistic. He believes both countries will find common ground and extend the current ceasefire in the tariff war. This “pause” in tariff exchanges is set to expire on August 12 and its extension is seen as crucial for calming global economic uncertainty. Trump’s tariffs on Chinese goods triggered strong retaliatory measures from Beijing, sparking a trade war that nearly rocked the global economy. Greer, however, maintains that the U.S. continues to prefer a path of constructive dialogue: “Our talks with the Chinese side are always friendly and productive,” he said.

The U.S. Firmly Defends Its Position Greer also noted that this is the third high-level meeting between the two nations in three months—signaling a certain consistency and willingness to seek a solution. However, he stated that the U.S. is not seeking to sign new trade deals unless necessary. The goal, he explained, is to establish agreements that directly benefit American trade—not to negotiate for negotiation’s sake. According to Greer, Trump still places full confidence in his tariff system and favors it over entering into new agreements. This position may shape the future direction of U.S. trade policy—not only with China but also in talks with the EU and Japan, who are seeking exemptions ahead of the August 1 tariff deadline.

#usa , #china , #TradeWars , #TRUMP , #Tariffs

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