US EditionTop US officials will meet with Chinese delegation in Switzerland in first major talks of trade war
- Top U.S. Officials will meet with Chinese counterparts in Geneva, Switzerland, later this week for the first major trade talks since President Trump started the trade war.
- The talks follow a series of escalating tariffs imposed by the U.S. And retaliatory Chinese duties that have strained both economies and pressured China's export-dependent growth.
- China announced economic support measures including interest rate cuts, reserve requirement reductions, and increased funding for factory upgrades, innovation, and elder care to counter mounting economic pressures.
- People's Bank of China Governor Pan Gongsheng stated that the recent reductions by the central bank will release approximately 1 trillion yuan to boost lending activities.
- While the meeting signals a thaw, officials caution that resolving the trade war will be a gradual process without expectations of a quick major deal.
379 Articles
379 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.
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