Breakthrough in Trade Talks:
After two days of negotiations in Geneva, U.S. officials, including Treasury Secretary Scott Descent and Trade Representative Jamison Greer, reported substantial progress with Chinese Vice Premier Liu He.


Tariff Reductions:
U.S. tariffs on Chinese goods dropped from 145% to 30%.
Chinese tariffs on U.S. goods dropped from 125% to 10%.
A 90-day pause on certain tariffs was agreed upon.


Economic Impact:
The announcement positively affected financial markets, with rising stock futures and a strengthening U.S. dollar.


Strategic Goals:
Addressing the $1.2 trillion U.S. trade deficit.
Opening Chinese markets to American businesses.
Establishing a new consultation mechanism for ongoing dialogue.
Tackling the fentanyl crisis through joint action.

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<ul>
<li>
Breakthrough in Trade Talks: After two days of negotiations in Geneva, U.S. officials, including Treasury Secretary Scott Descent and Trade Representative Jamison Greer, reported substantial progress with Chinese Vice Premier Liu He.
</li>
<li>
Tariff Reductions:
<ul>
<li>U.S. tariffs on Chinese goods dropped from 145% to 30%.</li>
<li>Chinese tariffs on U.S. goods dropped from 125% to 10%.</li>
<li>A 90-day pause on certain tariffs was agreed upon.</li>
</ul>
</li>
<li>
Economic Impact: The announcement positively affected financial markets, with rising stock futures and a strengthening U.S. dollar.
</li>
<li>
Strategic Goals:
<ul>
<li>Addressing the $1.2 trillion U.S. trade deficit.</li>
<li>Opening Chinese markets to American businesses.</li>
<li>Establishing a new consultation mechanism for ongoing dialogue.</li>
<li>Tackling the fentanyl crisis through joint action.</li>
</ul>
</li>
</ul>
Please Hit Subscribe to this podcast Right Now. Also Please Subscribe to the Ben Ferguson Show Podcast and Verdict with Ted Cruz Wherever You get You're Podcasts. Thanks for Listening
#seanhannity #hannity #marklevin #levin #charliekirk #megynkelly #tucker #tuckercarlson #glennbeck #benshapiro #shapiro #trump #sexton #bucksexton #rushlimbaugh #limbaugh #whitehouse #senate #congress #thehouse #democrats #republicans #conservative #senator #congressman #congressmen #congresswoman #capitol #president #vicepresident #POTUS #presidentoftheunitedstatesofamerica #SCOTUS #Supremecourt #DonaldTrump #PresidentDonaldTrump #DT #TedCruz #Benferguson #Verdict #maga #presidenttrump #47 #the47morningupdate #donaldtrump #trump #news #trumpnews #Benferguson #breaking #breakingnews #morningupdate

Hosted by popular national radio host, podcaster and political commentator Ben Ferguson, The 47 Morning Update spotlights the latest news and political headlines, with a special focus on the President's administration, policies, and agenda.

Join Ben for unfiltered insights, exclusive interviews, and honest commentary you won’t get from the mainstream media. Ben takes you behind the scenes, covering the issues shaping America today - straight from the President’s Oval Office.

Don’t miss a single episode. New updates drop daily, Monday through Saturday. Subscribe now on the iHeartRadio app or wherever you listen to podcasts—be informed, stay ahead, and join Ben on The 47 Morning Update!

Hosted by popular national radio host, podcaster and political commentator Ben Ferguson,&nbsp;The 47 Morning Update spotlights the latest news and political headlines, with a special focus on the President's administration, policies, and agenda.
Join Ben for unfiltered insights, exclusive interviews, and honest commentary you won&rsquo;t get from the mainstream media. Ben takes you behind the scenes, covering the issues shaping America today - straight from the President&rsquo;s Oval Office.
Don&rsquo;t miss a single episode. New updates drop daily, Monday through Saturday. Subscribe now on the iHeartRadio app or wherever you listen to podcasts&mdash;be informed, stay ahead, and join Ben on The 47 Morning Update!

The 47 Morning Update with Ben Ferguson

Tariff Turnaround-Understanding Trump's Reset on U.S. Trade

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/313a0746-089b-487c-86aa-b2c700604518/transcript

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