U.S. and China to Resume Trade Talks in Switzerland, May 9-12

99 posts • OpenAI (o3)

Updated May 7, 2025, 01:53 AM

U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer will travel to Switzerland this week for the first high-level economic talks with China since Washington’s sweeping tariff measures. Beijing has confirmed that Vice Premier He Lifeng, its top official for U.S.–China economic relations, will meet the two cabinet members in Geneva. China’s Foreign Ministry said He will be in Switzerland 9–12 May. Bessent told U.S. broadcast media he expects face-to-face discussions with the Chinese delegation on Saturday and Sunday, focusing on what he called a “de-escalation” of the tariff conflict. The U.S. pair will also confer with Swiss President Daniela Ketter-Sutter on reciprocal trade issues during the trip. Statements from both governments describe the encounter as a formal restart of negotiations aimed at reducing tit-for-tat duties that have unsettled global commerce. Financial markets welcomed the prospect of renewed dialogue; S&P 500 futures briefly gained 0.8% after the announcements.

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Sources

jp.reuters.com(4)reuters.com(3)msn.com(2)washingtontimes.com(2)

MSN Japan

@MSNJapan

🔴 Will the US Treasury Secretary discuss economic issues with China and discuss tariff issues in Switzerland https://t.co/s0R49JZwjh

CHItrader

@CHItraders

Scott Bessent To Meet Chinese Officials For Crucial Trade Talks In Switzerland 🔹The Chinese Commerce Ministry confirmed that Vice Premier He Lifeng will represent Beijing during the talks 🔹The gathering marks the first major face-to-face discussions between the two countries

New York Post

@nypost

First US-China trade talks to take place in Switzerland – Treasury sec expects meeting will focus on ‘de-escalation’ https://t.co/IMYH5hdG2J https://t.co/rYbJQsAwez