China, trade deal and talks in Switzerland
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“A very good meeting today with China, in Switzerland ... have roiled global markets and supply chains before talks can begin, reports claim. AFP via Getty Images The president revealed his first trade deal with the UK on Thursday, leaving the 10% ...
Chinese imports to the U.S. currently face up to 245% in cumulative levies on some goods, while American goods headed to China face a 125% import tax. The Switzerland talks will primarily take place between Treasury Secretary Bessent along with U.S. Trade ...
China hailed a trade agreement with the U.S. that will see both sides sharply reduce their tariffs for 90 days, calling it an "important step" that could lead to "deepening cooperation" between the world's two largest economies.
The U.S.-China trade war has gone through multiple rounds of tariffs and retaliatory measures. In a span of three months, the tax on products imported to the U.S. from China went from 10% in February to 145% in April.
Switzerland has moved to the front of the queue for a trade deal with the United States, U.S. Treasury Secretary Scott Bessent said on Monday, after the Alpine country hosted surprisingly successful U.
U.S. stocks climbed Monday after Treasury Secretary Bessent touted substantial progress on talks with the Chinese setting up a busy week of trade talks as President Trump heads to the Middle East. In economic and earnings news,
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GENEVA (AP) — The U.S. Treasury Secretary and America’s top trade negotiator began talks with high-ranking Chinese officials in Switzerland Saturday aiming to de-escalate a dispute that threatens to cut off trade between the world’s two biggest economies and damage the global economy.
By John Revill and Emma Farge GENEVA (Reuters) -Top U.S. and Chinese officials wrapped up the first day of talks in Switzerland on Saturday aimed at defusing a trade war that threatens to hammer the global economy and planned to resume negotiations on Sunday,