Trump: The administration will cut out the middlemen. We are going to cut out the famous middlemen. Nobody knows who they are. Middlemen. I have been hearing the term for 25 years. I don't know who they are but they are rich. That I can tell you
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Trump: "The European Union is in many ways nastier than China. We've just started with them. We have all the cards. They treated us very unfairly."
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Trump: "Basically what we're doing is equalizing. It's a new word that I came up, which I think is probably the best word."
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Trump:"Starting today, the United States will no longer subsidize the healthcare of foreign countries... and we'll no longer tolerate profiteering and price gouging from Big Pharma."
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Trump: "A friend of mine who is a businessman. Very very very top guy. Most of you would've heard of him. Highly neurotic. Brilliant businessman. Seriously overweight. And he takes the fat shot drug."
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Trump: "Yesterday, we achieved a total reset with China. After productive talks in Geneva, both sides now agree to reduce the tariffs imposed after April 2nd to 10% for 90 days as negotiators continue on the largest structural issues."
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Trump: "Yesterday, we achieved a total reset with China. After productive talks in Geneva, both sides now agree to reduce the tariffs imposed after April 2nd to 10% for 90 days as negotiators continue on the largest structural issues."
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Trump: "Yesterday, we achieved a total reset with China. After productive talks in Geneva, both sides now agree to reduce the tariffs imposed after April 2nd to 10% for 90 days as negotiators continue on the largest structural issues."
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Trump: "Yesterday, we achieved a total reset with China. After productive talks in Geneva, both sides now agree to reduce the tariffs imposed after April 2nd to 10% for 90 days as negotiators continue on the largest structural issues."
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Trump: "Yesterday, we achieved a total reset with China. After productive talks in Geneva, both sides now agree to reduce the tariffs imposed after April 2nd to 10% for 90 days as negotiators continue on the largest structural issues."
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Secreatry Bessent: “There’s something called the China Shock which has gutted our manufacturing sector… Nobody wants to do a generalized decoupling but we are going to do a strategic decoupling because we realized during Covid that efficient supply chains were not secure supply chains.”
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Secretary Scott Bessent: “What we have is a 90 day pause on the reciprocal tariffs. Both sides de-escalated by 115%… Over the next 90 days, we have a mechanism to meet with the Chinese trade delegation again.”
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Bessent: "I had seen what's going on in the Chinese economy. We can see what's going on with the shipments to the U.S. — and, again, we are the deficit country, and historically, the deficit country has a better negotiating position."
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Bessent on the fentanyl crisis: "This is a priority for president Trump and indeed the whole Administration... and I think that we saw here in Geneva that the Chinese are now serious about assisting the U.S. in stopping the flow of precursor drugs."
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Secretary Scott Bessent on the initial trade deal with China: "We were firm and we moved forward."
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Trump says drug prices will be slashed by 59%, with gasoline, energy, groceries, and other costs also coming down.
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Secretary Scott Bessent: "I would say one of the big takeaways from this weekend — the United States will continue a strategic rebalancing in many areas that were exposed as supply chain weaknesses during COVID, whether it's medicines, whether it's semiconductors, steel...”
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Ambassador Greer: "Both the Chinese and the United States agreed to work constructively together on fentanyl and there's a positive path forward there as well."
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Secretary Bessent: "We have reached an agreement on a 90-day pause and substantially moved down the tariff levels — both sides, on the reciprocal tariffs, will move their tariffs down 115%."
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Secretary Bessent: "We have reached an agreement on a 90-day pause and substantially moved down the tariff levels — both sides, on the reciprocal tariffs, will move their tariffs down 115%."
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Secretary Bessent: "We have reached an agreement on a 90-day pause and substantially moved down the tariff levels — both sides, on the reciprocal tariffs, will move their tariffs down 115%."
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Tesla is up more than 5% in overnight trading following the announcement of a U.S.–China trade deal.
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Trump says he’s posted his “most important and impactful” Truth statement yet, announcing he’ll sign an Executive Order tomorrow to slash drug prices by 30% to 80%.
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