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Trump-Xi Summit
Expected timeframe for the presidential meeting if Paris talks succeed.
Talks Open
US and Chinese trade representatives begin formal negotiations in Paris.
Expected Proclamation
President Trump expected to sign a formal proclamation implementing the 15% global tariff rate.
Greer Clarification
USTR Jamieson Greer confirms China tariffs will stay at 35-50% for continuity.
Venue Selection
Paris is officially selected as the host city for the trade delegation talks.
Trump Response
President announces 'great alternatives' to IEEPA, targeting Section 122 for a 10-15% global tariff.
Preliminary Outreach
Diplomatic channels establish the intent for a neutral-ground meeting.
Supreme Court Ruling
Justices block sweeping tariffs imposed under IEEPA, citing executive overreach.
High-level trade negotiations between the U.S. and China have commenced in Paris, signaling a diplomatic thaw and setting the stage for a formal summit between Presidents Donald Trump and Xi Jinping. For the venture capital and startup sectors, these talks represent a critical juncture for cross-border investment flows and semiconductor supply chains.
The Trump administration will hold China-specific tariffs steady between 35% and 50% despite a Supreme Court ruling striking down previous trade levies. USTR Jamieson Greer confirmed the pivot to Section 122 of the Trade Act of 1974 to maintain trade pressure ahead of a critical summit with President Xi Jinping.