The United States and China will launch official trade talks

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Washington and Beijing will hold the first trade talks this week, because US President Donald Trump has launched a trade war against China, which led to the financial markets.

Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer will meet with Chinese counterparts in Geneva this week. China, the highest economy official, said the vice-prayer of its representative office.

The meeting will be the first high level of interaction between the two sides, as Vice President Han Zheng, in January, took part in the inauguration ceremony of Trump in January.

“I am waiting for the productive talks to redistribute the international economic system to redistribute the interests of the United States,” Switzerland was established to fly to Switzerland.

The meeting is the first real effort to solve trade war. Washington applied 145 percent of the import of China, and Pekin hit 125 percent of the revenge in American goods.

The first positive sign for institutions concerned about record level tariffs Both sides placed each other. In addition, in many cases, the countries are negotiating with their team, he said.

Washington and Beijing were hired at a stand-off. Trump asked his counterpart President Xi Jinping, but China announced that he would not hold a leader level to start talks.

Previously, Beijing should reduce tariffs for the US-negotiations, but when the state media says it will be a position to be softened last week “No damage” in the negotiations With Washington.

Before the congress on Tuesday, the Congress told MPs on Tuesday that there were no talks with 17 of the 18 main trade partners of the Trump administration, no trade talks with Beijing.

Last month, Trump, almost every US trade partner was sold in global stock markets after the application of “mutual” tariffs. He then lowered the collections in 90 days to 10 percent.

The United States is negotiating with numerous countries to try to achieve more permanent agreements, but it is not known how far the Trump leadership is ignoring or viewing them as negotiations.

Trump management said it declared more tariffs in several sectors, which is important. In recent weeks, chips and consumer electronics, wood, copper, pharmaceutical and critical minerals and critical minerals and critical minerals have started the national security probes. Threatened by putting Trump tariffs on the weekend Fixed moving pictures.