US and China tariff talks begin in Geneva with hope of de-escalating trade dispute
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Euronews.com
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US Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer are in Geneva discussing trade disputes with Chinese officials, led by Vice Premier He Lifeng. The talks aim to ease tensions and potentially reduce high tariffs imposed by both countries. Hopes for significant breakthroughs are low, but even minor tariff reductions could signal progress. The trade dispute has roots in allegations of unfair practices by China, and the US trade deficit with China reached €233 billion last year. Switzerland is concerned about the impact of US tariffs on its industries. Teljes cikk (Euronews.com)