US-China trade talks yield no breakthrough, to resume Sunday
[ad_1] United States and China held direct trade talks in Geneva on Saturday, with discussions expected to continue on Sunday, according to an official, reported Associated Press. The meetings are part of efforts to ease tensions that have triggered steep tariff hikes and increased economic uncertainty worldwide. US treasury secretary Scott Bessent and trade representative Jamieson Greer met with Chinese vice premier He Lifeng in a closed-door session at Villa Saladin, an 18th-century mansion owned by the Swiss government. Officials from both sides confirmed that talks lasted more than ten hours. No breakthroughs were reported after Saturday’s discussions.Chinese, US officials meet in Geneva to negotiate Trump tariffs Donald Trump’s administration has raised tariffs on Chinese goods to a combined 145%. In response, China imposed 125% tariffs on US imports. These steep tariffs are causing disruptions in industries that rely on […]