China, Geneva and trade negotiations
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Trade talks in Geneva between the United States and China have ended for the night but will continue on Sunday, a source familiar with the matter told Reuters.
High-level talks between the United States and China have begun in Geneva, Switzerland, Chinese state media reported on Saturday, in a possible thaw in the trade war sparked by President Donald ...
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Yonhap News Agency on MSN(LEAD) Bessent says S. Korea presented 'very good' proposals in trade talks before election cycleU.S. Treasury Secretary Scott Bessent said Tuesday that South Korea put forward "very good" proposals in bilateral talks over trade and other related issues before the Asian country's election cycle kicked off,
Chinese Vice Premier He Lifeng held talks with U.S. Treasury Secretary Scott Bessent on Saturday in a tentative first step towards defusing a trade war that is disrupting the global economy.Bessent and He were meeting in Geneva after weeks of growing tensions in which duties on goods imports between the world's two largest economies have soared far beyond 100%.
U.S. Trade Representative Jamieson Greer spoke Monday night with CNN's Kaitlan Collins, who asked: "If there were no major concessions made in Geneva by the Chinese officials, some businesses may ask,
The agreement lowers tensions in the trade war but does little to change the overall direction of deteriorating ties between Beijing and Washington, analysts say.
David Li from Tsinghua University says the trade truce announced by the U.S. and China suggests that Trump's tariffs plans are "much for nothing" and global trade for Chinese businesses will evolve into 3 hubs going forward.
China will host a summit that includes its key Latin American trade partners this week in an effort to advance influence and partnerships in the region, as Beijing and Washington work on defusing their trade war.