US and China meet in 'important step' towards de-escalating trade war
The Peninsula
Geneva: Senior US and Chinese officials were meeting in Geneva Saturday in what Chinese state media described as an important step towards resolving...
Geneva: Senior US and Chinese officials were meeting in Geneva Saturday in what Chinese state media described as an "important step" towards resolving the trade war sparked by President Donald Trump's sweeping tariffs.
US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer were holding talks with Chinese Vice Premier He Lifeng, in the first such negotiations between the world's two largest economies since Trump slapped steep new levies on China last month and Beijing's robust retaliation.
"The contact in Switzerland is an important step in promoting the resolution of the issue," a commentary published by China's state news agency Xinhua said.
It provided no further details on the progress of closed-door discussions, which began mid-morning Saturday and were due to continue on Sunday.
The talks were being held at the residence of the Swiss ambassador to the United Nations in Geneva, a discrete villa with sky blue shutters near a large parc on the left bank of Lake Geneva.
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