
Chinese and US Officials Meet in Geneva for ‘De-escalation’ Trade Talks
Category: World,
2025-05-10 11:04
Senior officials from China and the United States met in Geneva for initial discussions aimed at reducing tensions in their ongoing trade dispute. The World Trade Organization described the meeting as a constructive step, as both sides addressed tariffs and other trade barriers that have impacted the global economy.
On Saturday, senior officials from China and the United States convened in Geneva for the first round of talks aimed at easing the ongoing trade war between the two countries. The meeting, reported by China's state-owned news agency and sources familiar with the discussions, marks a tentative but significant move towards de-escalation. The trade conflict, which has seen both nations impose tariffs on hundreds of billions of dollars’ worth of goods, has disrupted global supply chains and created uncertainty in international markets. The World Trade Organization (WTO) welcomed the talks, calling them a 'constructive step' towards resolving disputes that have affected not only the US and Chinese economies but also the broader global economy. While details of the discussions remain limited, both parties reportedly focused on reducing tariffs and addressing other trade barriers. The talks are seen as an attempt to rebuild trust and lay the groundwork for further negotiations. The outcome of these discussions could have far-reaching implications for global trade, investment, and economic stability.
Source: The Guardian
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