U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer will travel later this week to Switzerland for trade talks with China led by Vice Premier He Lifeng, jump-starting negotiations between the two nations.
The travel was announced in statements Tuesday from the Chinese and U.S. governments. It will be the first confirmed trade talks between the countries since U.S. President Donald Trump announced sweeping tariffs, led by punishing levies on China.
The two sides are expected to discuss the reductions of the broader tariffs, two sources familiar with the planning said. The negotiating teams are also expected to discuss eliminating duties on specific products, U.S. policies on de minimis and the U.S. export control list, the sources said.
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