President Trump said late Saturday that U.S. and Chinese officials had negotiated a "total reset" in their trade relationship during talks in Switzerland.
Why it matters: An actual reset " with sharply lower tariffs or none at all " would be the relief businesses and investors have been praying for from a trade war that has already significantly damaged the economy.
Drudge Retort Headlines
Minutes Show Fed Divided over Tariff-driven Inflation (69 comments)
Canada Gets 35% Tariff (52 comments)
Trump: Defund PBS, NPR - Or Lose My Endorsement (23 comments)
Trump Threatens to Revoke Rosie O'Donnell's US Citizenship (21 comments)
Fuel Switches Cut Off Before Air India Crash (19 comments)
Trump Tours Texas Flood Sites and Defends Officials (19 comments)
Bongino Bolts After Clashing with Bondi over Epstein Files (17 comments)
Trump Praises Liberian President's 'Good English' (17 comments)
Status Quo Dinosaurs Raise $20m to Fight Zohran Mamdani (12 comments)
FBI's 'Raw' Epstein Prison Video Likely Modified (12 comments)