US EditionTop US officials will meet with Chinese delegation in Switzerland in first major talks of trade war
- Top U.S. officials, including Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer, are scheduled to meet a Chinese delegation in Switzerland for significant trade discussions, marking the first major talks since President Donald Trump initiated the trade war with tariffs on imports.
- The Chinese Commerce Ministry confirmed that its vice premier would meet Bessent, indicating a willingness to engage in discussions about tariffs.
- Economists warn the ongoing tariffs, now at 145% for U.S. goods and 125% for Chinese goods, may increase consumer prices and contribute to U.S. economic difficulties.
- Wendy Cutler remarked that these talks present an important opportunity to address tariff concerns, but quick solutions are unlikely.
402 Articles
402 Articles
Bessent signals optimism as U.S./China trade talks stall in public
Treasury Secretary Scott Bessent, in an interview with CNBC, expressed optimism that “substantial progress” in U.S./China trade negotiations could be achieved in the coming weeks. However, the overall status of talks remains uncertain, with public statements from both sides highlighting…
Editor Daily Rundown: Treasury Secretary Scott Bessent To Meet CCP Officials For Trade Talks
BREAKING OVERNIGHT ... CHINA SEEKS A DEAL ... WILL MEET WITH TREASURY SEC IN SWITZERLAND ON SATURDAY ... SCOTT BESSENT: Thanks to @POTUS, the world has been coming to the US, and China has been the missing piece—we will meet on Saturday and Sunday to discuss our shared interests. The current tariffs and trade barriers are unsustainable, but we don’t want to decouple.
Bessent Signals Optimism as U.S./China Trade Talks Stall in Public
(NAFB.com) – Treasury Secretary Scott Bessent, in an interview with CNBC, expressed optimism that “substantial progress” in U.S./China trade negotiations could be achieved in the coming weeks. However, the overall status of talks remains uncertain, with public statements from both sides highlighting a lack of formal engagement and continued strategic posturing. Bessent placed responsibility for progress on Beijing, stating that China’s export-de…
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