Following President Donald Trump’s broad tariff rollout, senior U.S and Chinese officials will visit Switzerland later this week to resume stalled trade negotiations, both nations have announced.
The discussions are the first time the two biggest economies in the world have met in public to try to end a trade war that Trump intensified soon after taking office again in January.
US Trade Representative (USTR) Jamieson Greer and Treasury Secretary Scott Bessent will represent the United States at the negotiations, according to their offices.
Both sides will hold meetings on Saturday and Sunday which is intended to lay the groundwork for future negotiations.
Vice Premier He Lifeng will attend for Beijing, China’s Ministry of Foreign Affairs announced.
“Vice Premier He, as the Chinese lead person for China-US economic and trade affairs, will have a meeting with the US lead person, Treasury Secretary Scott Bessent,” the ministry said.
With further sector-specific measures added on top, Trump’s government has imposed new tariffs on Chinese goods since his return to the White House in January, bringing the total to 145%.
Beijing responded with more focused actions, imposing 125 taxes on US goods to China.
Financial markets have been shocked by the cripplingly high taxes imposed by the tit-for-tat tariffs, which have also reportedly caused a dramatic slowdown in bilateral commerce.
