Tue May 06 23:10:00 UTC 2025: ## US and China to Hold High-Level Trade Talks in Switzerland

**Geneva, Switzerland** – Amidst escalating trade tensions, the United States and China are set to hold significant talks this week in Switzerland, marking a potential breakthrough in resolving the ongoing trade war. U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer will meet with their Chinese counterparts, including Vice Premier He Lifeng, Beijing’s top official for China-U.S. economic and trade matters.

The meetings, announced Tuesday, sent a positive signal to the markets, with stock futures rebounding after initially opening lower. Both Bessent and Greer will also meet with Swiss President Karin Keller-Sutter during their visit.

Secretary Bessent emphasized the importance of “rebalancing the international economic system towards better serving the interests of the United States,” while USTR Greer stated his focus is on achieving “reciprocity, opening new markets, and protecting America’s economic and national security.”

President Trump confirmed the upcoming meetings, stating that China had requested the talks. He reiterated his administration’s stance that other countries should seek trade deals with the U.S. on terms favorable to the United States, rejecting the notion that the US needs to actively seek out deals. Earlier in the day, Secretary Bessent had stated that the U.S. was currently engaged in negotiations with 17 trading partners, but not yet with China.

The talks represent a significant step towards potential de-escalation of the trade war, which has been marked by increased tariffs on both sides. The outcome of these meetings will be closely watched by global markets and could significantly impact the future of US-China trade relations.

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