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 Breaking News! US China start trade talk

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TS30624770
post May 7 2025, 08:34 AM, updated 8 months ago

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Senior US and Chinese officials will travel to Switzerland later this week to kickstart stalled trade talks following President Donald Trump's sweeping tariff rollout, according to statements from both countries.

The talks mark the first official public engagement between the world's two largest economies to resolve a trade war escalated by Trump shortly after his return to office in January.

Treasury Secretary Scott Bessent and US Trade Representative (USTR) Jamieson Greer will attend the talks in Europe for the United States, their offices said.

Bessent told Fox News that the sides would hold meetings on Saturday and Sunday intended to lay the groundwork for future negotiations.

"We will agree what we're going to talk about. My sense is that this will be about de-escalation, not about the big trade deal," Bessent told "The Ingraham Angle" show.

"We've got to de-escalate before we can move forward," he added.

Vice Premier He Lifeng will attend for Beijing, China's Ministry of Foreign Affairs announced.

"Vice Premier He, as the Chinese lead person for China-US economic and trade affairs, will have a meeting with the US lead person Treasury Secretary Scott Bessent," the Chinese foreign ministry said.

The USTR announced that Greer would also meet with "his counterpart from the People's Republic of China to discuss trade matters," without naming He.

Since Trump returned to the White House in January, his administration has levied new tariffs totaling 145 percent on goods from China, with some sector-specific measures stacked on top.

Beijing retaliated by slapping 125 levies on US imports to China, along with more targeted measures.

The tit-for-tat tariffs have left the two nations with cripplingly high levies that have shocked financial markets and reportedly caused a sharp slowdown in bilateral trade.

https://www.france24.com/en/americas/202505...ade-switzerland
chtan
post May 7 2025, 08:43 AM

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LOL, dumb US Self-indulgent rambling.
knwong
post May 7 2025, 08:50 AM

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Swiss is a neutral country

TS30624770
post May 7 2025, 08:50 AM

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QUOTE(chtan @ May 7 2025, 09:43 AM)
LOL, dumb US Self-indulgent rambling.
*
I think this is genuine and not rambling anymore
TS30624770
post May 7 2025, 08:53 AM

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QUOTE(knwong @ May 7 2025, 09:50 AM)
Swiss is a neutral country
*
The US market already going up after this news is out

Dow, S&P 500, Nasdaq futures rise as US announces trade talks with China
https://finance.yahoo.com/news/live/stock-m...-235639619.html
stevenryl86
post May 7 2025, 08:53 AM

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Memang Ada talk, talk where to meet and discuss. Why so hard to understand?
andyng38
post May 7 2025, 08:55 AM

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QUOTE(chtan @ May 7 2025, 08:43 AM)
LOL, dumb US Self-indulgent rambling.
*
Such ramblings will happen after bessent and greer return to washington with the results of the talks, and it'll be the orange emperor ranting away biggrin.gif
NoNameSoldier
post May 7 2025, 08:57 AM

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lol the moron orange was the first to make the call
potatolala
post May 7 2025, 09:11 AM

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Come malaysia la

You can’t have a talk without eat some good foods first

Our foods are the best of the best
TS30624770
post May 7 2025, 09:17 AM

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QUOTE(potatolala @ May 7 2025, 10:11 AM)
Come malaysia la

You can’t have a talk without eat some good foods first

Our foods are the best of the best
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Malaysia can compare to Swiss? whistling.gif
desmond2020
post May 7 2025, 09:17 AM

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so, trump call and beg for mercy
TS30624770
post May 7 2025, 09:21 AM

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QUOTE(desmond2020 @ May 7 2025, 10:17 AM)
so, trump call and beg for mercy
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First round of talk rarely will come out with something

Look at Japan talk

They go White House and wear MAGA hat but still end up with no deal

I think Japan this time really felt humiliated by Trump and not willing to do deal as what Trump wants is ridiculous or they don't even know what they really want

Everyone is waiting for US China to come out with deal first

Only some countries cannot wait to kiss Trump ass will agree to deals early
desmond2020
post May 7 2025, 09:21 AM

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QUOTE(30624770 @ May 7 2025, 09:21 AM)
First round of talk rarely will come out with something

Look at Japan talk

They go White House and wear MAGA hat but still end up with no deal

I think Japan this time really felt humiliated by Trump and not willing to do deal as what Trump wants is ridiculous or they don't even know what they really want

Everyone is waiting for US China to come out with deal first

Only some countries cannot wait to kiss Trump ass will agree to deals early
*
japan is selling US bond

they are definitely beyond pissed if they are doing that
Rusty Nail
post May 7 2025, 09:23 AM

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QUOTE(knwong @ May 7 2025, 08:50 AM)
Swiss is a neutral country
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or an excuse for both sides execs for work-holiday brows.gif
SUSipohps3
post May 7 2025, 09:23 AM

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QUOTE(knwong @ May 7 2025, 08:50 AM)
Swiss is a neutral country
*
TS30624770
post May 7 2025, 09:24 AM

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QUOTE(Rusty Nail @ May 7 2025, 10:23 AM)
or an excuse for both sides execs for work-holiday brows.gif
*
Go check their swiss bank accounts whistling.gif
68 others
post May 7 2025, 09:24 AM

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so china call first or US call first?
TS30624770
post May 7 2025, 09:27 AM

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QUOTE(68 others @ May 7 2025, 10:24 AM)
so china call first or US call first?
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No one will admit they blink first lah

However, China's vice premier visit to Switzerland was already planned earlier and was an invitation from Swiss government

He is also visiting France after Switzerland
ZeaXG
post May 7 2025, 09:28 AM

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Let's see.

1. Lower tariffs on both sides
2. Chips and critical minerals embargo removal
3. US stop sales of weapons to Taiwan, in exchange China resume purchases of US Treasury and invest in manufacturing in US, maybe EVs
Autocountstick
post May 7 2025, 09:36 AM

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most likely no conclusion, see jepun. keep selling bonds

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