Donald Trump said U.S.-China trade relations have been “completely reset” after Swiss U.S. and Chinese officials held talks on the first day of negotiations.

In social media posts, the U.S. president described the speech as “very good” and said the change was “negotiation in a friendly but constructive way.”

A trade war between Washington and Beijing continues to escalate, with the U.S. president attacking Chinese imports with 145% tariffs. China imposes a 125% tax on certain U.S. goods.

The two countries have met for the first time this weekend in Geneva after months of back and forth since Trump began this year.

So far, information outside of the social post of the U.S. president has gone far beyond talks. They will continue on Sunday and will be held between Chinese Vice Premier LIFENG and U.S. Treasury Secretary Scott Bessent.

"We hope to see that China opens up to American business for the sake of China and the United States. Great progress has been made!!!" Trump added.

On Friday, White House press secretary Karoline Leavitt said that Washington will not unilaterally reduce tariffs and China needs to make its own concessions.

Both sides issued various other warnings before the meeting, with Beijing saying the United States having to ease tariffs, while Bessent stressed that the focus was on "downgrade", which is not a "major trade deal."

Chinese state media reported that Beijing has decided to interact with the United States after global expectations, interests of U.S. companies and appeals.

Last month, the BBC found that Chinese exporters were struggling with U.S. tariffs — a company Sorbo Technology reported that half of its products were usually sold to the U.S. and now sit in boxes in Chinese warehouses.

Meanwhile, as companies compete to bring goods into the country, the U.S. economy has been found to shrink in the first three months of the year - with a tax rate of 0.3% per year.

The trade war between China and the United States intensified after President Trump announced all imports to the United States announced the "Liberation Day".

The White House described it as the "worst criminal" with a ratio of about 60 trading partners than other trading partners. The list includes China and the EU.

Trump said it was a reward for years of unfair trade policies in the United States.

He also announced a 25% import duty on all steel and aluminum entering the United States, and a 25% tariff on all automobiles and auto parts.

Last week, the United States and the United Kingdom have agreed to a deal where 25% of the deals will drop to 10%, reducing up to 100,000 British cars – matching the number of cars exported by the United Kingdom last year.

Cars are the largest export from Britain to the United States, worth about £9 billion last year.