US, China prepare for trade talks

Senior US and Chinese officials are in Switzerland this weekend for talks aimed at de-escalating a burgeoning trade war sparked by President Donald Trump’s sweeping tariff rollout, and fuelled by strong measures from Beijing.

US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer are set to confer with China’s Vice-Premier He Lifeng in the Swiss city of Geneva over the weekend – the first such talks between the two sides since Trump slapped steep new levies on China last month.