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 Trade Representative Jamieson Greer, will meet Chinese Vice Premier He Lifeng in Geneva, Switzerland later this week for the first major talks since the trade war began.
- The talks follow a prolonged trade conflict sparked by President Trump’s high tariffs on Chinese imports, which China retaliated against, causing strain on both economies and prompting China to launch countermeasures.
- China announced economic support measures that include cutting interest rates, reducing bank reserve ratios, and increasing funding for manufacturing upgrades, innovation, elder care, and service industries to counter the trade war impact.
- Pan Gongsheng, governor of China’s central bank, announced that the reserve ratio cut would release about 1 trillion yuan in additional liquidity, while stock markets in Hong Kong and Shanghai climbed following the policy measures and news of upcoming trade discussions.
- While these talks signal an initial step to reduce tensions, experts and officials warn that progress will be gradual with no quick trade deal expected, and the outcome will likely influence market confidence and future tariff adjustments.
377 Articles
377 Articles
US-China trade talks to be held in Switzerland
The NewsTop American and Chinese officials will meet in Switzerland this week in an attempt to defuse their escalating trade war. US Treasury Secretary Scott Bessent, who has described the tit-for-tat duties as unsustainable, will hold talks with He Lifeng, China’s trade czar and a confidant of the country’s leader — but said they would not result in a deal. On Wednesday, Chinese officials announced broad rate cuts and other measures that could …
China, U.S. to hold talks on economic affairs in Switzerland
Chinese Vice Premier He Lifeng will visit Switzerland from May 9 to 12 at the invitation of the Swiss government, according to the Chinese Foreign Ministry.During his visit, the vice premier will hold talks with Swiss leaders and relevant parties. As
US, China to hold icebreaker trade talks in Geneva on Saturday
US treasury secretary Scott Bessent and chief trade negotiator Jamieson Greer will meet China's economic tsar He Lifeng in Switzerland this weekend for talks that could be the first step towards resolving a trade war disrupting the global economy.
Coverage Details
Bias Distribution
- 54% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
