U.S. officials to meet Chinese counterparts in Switzerland to address unsustainable trade tariffs amid ongoing tensions.
Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer are set to meet their Chinese counterparts, including Vice Premier He Lifeng, in Switzerland this weekend in a key diplomatic step toward cooling the long-running trade war.
Both U.S. officials say the 145% tariff regime imposed by President Trump is unsustainable, but Trump is not showing signs of backing down.
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