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President Trump and China to discuss tariffs amid tensions

  • U.S. And China will hold trade talks in Switzerland this weekend to discuss tariff issues amid rising tensions between the two countries.
  • The negotiations follow weeks of escalating duties, with U.S. Tariffs reaching 145% and Chinese tariffs hitting 125% on imports from each other.
  • Chinese Vice Premier He Lifeng will lead the Chinese delegation, while U.S. Trade Representative Jamieson Greer will lead the American team, marking an initial stage in dialogue.
  • Oil prices rose amid hopes for de-escalation in trade tensions, with Brent crude reaching $62.56 a barrel and U.S. Crude at $59.57, supported also by expected U.S. Stock declines and OPEC+ output decisions.
  • China emphasized that any talks should proceed on the basis of respect, fairness, and balanced dialogue, cautioning that it will reject any form of pressure and remain committed to protecting its interests and upholding global justice.
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nn.de broke the news in on Tuesday, May 6, 2025.
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