By Jennifer A Dlouhy, Enda Curran, and Jenny Leonard
Senior US and Chinese negotiators spent hours behind closed doors in Switzerland on Saturday as they held high-stakes talks that offer the clearest opportunity yet for the two countries to de-escalate their trade war, with President Donald Trump calling it a “very good” meeting.
US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng are leading the negotiations expected to span two days in Geneva, marking the first publicized, in-person talks since President Donald Trump imposed 145% levies on China and Beijing retaliated with 125% tariffs on many American goods and new export controls on rare earth minerals.
“A very good meeting today with China, in Switzerland,” Trump said in a post on Truth Social. “Many things discussed, much agreed to. A total reset negotiated in a friendly, but constructive, manner. We want to see, for the good of both China and the U.S., an opening up of China to American business. GREAT PROGRESS MADE!!!”
US trade chief Jamieson Greer is also participating in the sessions. The discussions, which took place at the Swiss mission to the United Nations in Geneva, have concluded for the night and are expected to continue Sunday, according to a person familiar with the matter who demanded anonymity to discuss the sensitive talks.
Both sides have sought to project confidence they hold the upper hand, yet the status quo carries major risks.
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This article originally appeared here and was republished with permission.
