U.S. and China Open New Trade Talks as Tensions Rise Over Global Manufacturing Power

A new wave of trade negotiations has begun between the United States and China. At the heart of the issue is China's growing manufacturing dominance. China now accounts for 30% of global manufacturing output, a level the U.S. says is “too high” and dangerous for global balance.

Treasury Secretary Scott Bessent made it clear:
“The U.S. cannot remain dependent on China for essential goods.” His comments reflect growing concern in Washington over everything from electronics to military equipment being made abroad.

The U.S. has maintained a 55% tariff, while China reduced its own tariffs to 10% in a goodwill move. This development could lead to a broader trade deal—if talks succeed.

Why it matters:

• Prices could go down if tariffs are removed, helping U.S. families.

• American jobs may increase if manufacturing is brought back home.

• Supply chain risks during crises like COVID-19 or conflicts would reduce if dependence on China is minimized.

These talks are expected to continue for weeks. Businesses, economists, and politicians around the world are watching closely, as the outcome could reshape the future of global trade.