US, China Face Tough Negotiations After Trade Truce: Analysts

Analysts say U.S. skepticism toward communist China stems from Beijing’s history of promising reforms but failing to deliver on them.

U.S. Treasury Secretary Scott Bessent (L) and U.S. Trade Representative Jamieson Greer speak to the media after talks between seniors U.S. and Chinese officials on tariffs at the residence of the permanent Swiss ambassador to the United Nations in Geneva on May 11, 2025. Valentin Flauraud/AFP via Getty Images

The agreement reached by the United States and China has effectively paused the trade fight between the world’s two largest economies, but analysts say it does little to resolve their underlying differences.

Following a two-day negotiation marathon in Geneva, the United States and China released a joint statement on May 12, rolling back the massive tariffs they’ve imposed on each other recently.