Chinese and US officials meet in Geneva for ‘de-escalation’ trade talks
World Trade Organization hails ‘constructive step’ as senior figures come together to discuss tariffsSenior US and Chinese officials held talks early on Saturday in Geneva in a tentative first step towards defusing a trade war that is disrupting the global economy, according to China’s state-owned news agency and people close to the talks.China’s vice-premier, He Lifeng, and the US treasury secretary, Scott Bessent, met after weeks of growing tensions as duties on imports between the world’s two largest economies have risen above 100%. Continue reading...
World Trade Organization hails ‘constructive step’ as senior figures come together to discuss tariffs
Senior US and Chinese officials held talks early on Saturday in Geneva in a tentative first step towards defusing a trade war that is disrupting the global economy, according to China’s state-owned news agency and people close to the talks.
China’s vice-premier, He Lifeng, and the US treasury secretary, Scott Bessent, met after weeks of growing tensions as duties on imports between the world’s two largest economies have risen above 100%. Continue reading...
