Reported 4 months 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