Chinese Vice Premier He Lifeng and US Treasury Secretary Scott Bessent began talks in Geneva on Saturday, aiming to ease escalating trade tensions between the two nations.
The discussion, held privately at the Swiss ambassador's residence, came after weeks of hefty tariff increases that disrupted global trade and stoked recession fears, according to Reuters.
The United States wants China to lower its trade deficit and implement economic reforms, but Beijing wants tariff cuts and more equitable treatment.
Though differences remain, the talks mark a tentative step toward resolution, Reuters reported.
