💨 Abstract

and Chinese officials held initial trade talks in Geneva aimed at de-escalating a trade war that has severely disrupted global trade and financial markets. Chinese Vice Premier He Lifeng and U.S. officials, including Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer, met for about eight hours, with neither side commenting on progress. The U.S. wants China to address its trade deficit and economic model, while China seeks lower tariffs and equal treatment.

Courtesy: theprint.in

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