Xinhua News Agency, New York, May 13 (Reporter Liu Yanan Gaoshan) High-level economic and trade talks between China and the United States were held in Geneva, Switzerland from the 10th to the 11th. On the 12th, the two sides issued the "Joint Statement on Economic and Trade Talks between China and the United States". People from multiple industries in the United States welcomed this. They believe that this shows that the two largest economies in the world are resolving differences through equal dialogue and consultation, and seeking mutual benefit and win-win results, which is in the best interests of both countries.

  "This is good news for consumers, American businesses, workers and supply chains," Gene Seroca, executive director of the Port of Los Angeles, one of the largest and busiest container ports in the United States, said in a statement. Mario Cordero, executive director of the Port of Long Beach, another important port in the United States, also said that this is good news.

  The American Association of Clothing and Footwear pointed out in a statement that the association welcomed the U.S.-China agreement to suspend some tariffs for 90 days, believing that this may help alleviate U.S.-China trade tensions over the past month.

  Steve Hoffman, CEO of Founder Space, a well-known incubator in Silicon Valley in the United States, said in an interview with Xinhua News Agency: "This is a critical step forward. The imposition of high tariffs has increased the burden on enterprises, pushed up consumption costs, distorted trade flows, caused inefficiency and increased uncertainty. We should strive to create a trade environment that encourages the free flow of goods, services and innovations in both directions."

  “This is a step in the right direction, and the tone of cooperation rather than confrontation is encouraging,” said Eric Kuby, chief investment officer at Chicago Polaris Investment Management.

  Gary Hefbauer, a senior researcher at the Peterson Institute for International Economics and a former Treasury official, told Xinhua News Agency that the United States and China cut tariffs is good news because it prevents some consumer goods from soaring prices and will restore business confidence to a certain extent.

[Editor in charge: Wang Xue]