U.S. Treasury's Bessent Prepares For China Trade Negotiations

5 days ago Top U.S. officials are set to meet with a high-level Chinese delegation this weekend in Switzerland. The administration on Tuesday announced the first major talks between the two nations since President Donald Trump sparked a trade war with stiff tariffs on imports. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer will meet with their counterparts in Geneva in the most-senior known conversations between the two countries in months. The Chinese Commerce Ministry confirmed the meeting, saying they agreed to have contact “after fully considering global expectations, Chinese interests and calls from U.S. businesses and consumers.” It comes amid growing U.S. market worry over the impact of the tariffs.