Reported about 17 hours ago
US Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer are heading to Switzerland for trade discussions with China, led by Vice Premier He Lifeng, aiming to alleviate a tariff conflict that threatens both economies. These talks are the first confirmed since the US introduced severe tariffs, prompting Chinese retaliation. The focus will be on de-escalation rather than reaching a comprehensive trade agreement, with both sides seeking fair trade practices and addressing existing concerns.
Source: YAHOO