U.S., China Hold Significant Economic Talks in Switzerland

Top economic officials from the United States and China are set to meet in Switzerland for high-level talks, marking the first formal trade dialogue since the U.S. imposed tariffs on Chinese imports under President Trump. U.S. Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer will meet with China's Vice Premier He Lifeng, who leads China's economic and trade affairs with the U.S. The discussions aim to address ongoing trade tensions and could influence broader economic relations, including impacts on financial markets. Following the Switzerland meeting, Vice Premier He will travel to France for further economic and financial dialogue, highlighting China’s commitment to international economic cooperation. The talks are seen as a preliminary step toward resolving tariff disputes and reshaping global trade dynamics.