Negotiators from the United States and China have finished their first round of trade talks in Switzerland and scheduled a second for May 11.
Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer began meetings in Geneva with a Chinese delegation of high-ranking officials led by Vice Premier He Lifeng.
The two sides convened in an effort to negotiate a way out of their trade war, which has seen tariffs on goods from either nation reach more than 100 percent.
The first round of talks went on for more than ten hours and included a lunch break.
Trade between the two nations, which are also the world’s largest economies, topped more than $660 billion last year, and President Donald Trump suggested he was considering lowering U.S. tariffs on Chinese imports to 80 percent in the coming days….