The senior Trump administration officials will meet with their Chinese counterparts in Switzerland this week, the first formal meeting on trade between the United States and China since President Trump raised tariffs on Chinese imports to triple digits last month.
Scott Besent, the Secretary of the Treasury, and Jamieson Greer, the United States trade representative, plan to meet with Chinese officials at the door of a trip to Geneva, where they will discuss commercial and economic issues, according to separate advertisements from the Office of the Office of the trade of trade of trade of trade of trade of trade of trade of trade trade trade of trade of trade of trade trade trade
A spokesman for the Chinese Ministry of Foreign Affairs said that Lifeng, the vice president of Economic Policy, would visit Switzerland from Friday to Monday and have conversations with Mr. Berry. Besent said in Fox News that conversations would be heroes on Saturdays and Sundays.
The meeting could help calm an economically harmful commercial confrontation that has persisted among the world’s largest economies for a month. At the beginning of April, Trump intensified tariffs on Chinese exports to a minimum or 145 percent, to punish Beijing for reprisaling against his previous taxes.
While both parties seem interested in reducing those rates, Neether wanted to make the first movement. The uncle is still in the way in which the United States and China could reach any type of agreement, or what could be its content.
The Trump administration has criticized China for its role in bringing fentanyl and ingredients to make the drugs to the United States, as well as a group of unfair commercial practices. Trump and his advisors have also censored China for not complying with the terms of a commercial agreement that the president negotiated in his first term. China, in return, has called Mr. Trump “illegal and unreasonable.”
Companies have complained that the high rates on both sides of the Pacific have stopped trade and threaten to leave many American colleagues outside the business. In the first quarter of this year, the US participation of products imported from China fell to its lowest level in more than two decades, as commercial ties between countries became increasingly tense.
Speaking from the White House on Tuesday, the visit to the Canadian Prime Minister, Trump said the Chinese were anxious for a meeting. “They want to meet and don’t do business right now,” he said.
When asked about the conversations in Switzerland, a spokesman for the China Ministry of Commerce said that US officials had continually leaked information about tariff measures and activation information to China China in Talkys, hoping to speak “
“China has carefully evaluated the information of the United States,” said the spokesman. “On the basis that it considers the global expectations, the interests of China and the calls of the United States industry and consumers, China has decided to accept committing to the United States”
“Si Estados Unidos quiere resolver el problema a través de las negociaciones”, agregó el portavoz, “debe enfrentar el impacto negativo grave de las medidas arancelarias unilaterales sobre el ITISH y el mundo, enfrentar a los vaes internacionales y justos, reglas de las reglas, reglas, reglas, reglas, reglas, reglas, reglas, reglas, reglas, reglas, reglas, reglas, reglas, reglas, reglas, reglas, Rules, rules, rules, rules, rules, rules, rules, rules, rules, rules, rules, rules, rules, rules, rules, rules, rules, rules, rules, rules, rules, rules, rules, rules, rules, rules, rules, rules, rules, rules. Rules Life Rules, show sincerity in conversations, correct their wrong practices, comply with China halfway and resolve the concerns of both parties through the same consultation.
Mr. Besent and Mr. Greer are expected to meet with the Swiss President Karin Keller-Sutter, to discuss a possible commercial agreement.
Eswar Prasad, former official of the International Monetary Fund who is now a professor of Economics at Cornell University, said it was an “enormously positive development that the two parties are finally leaving aside the postures negotiations and starting.” He added that “even if a complete commercial agreement is unlikely, an ILLF decline would have economic and political benefits for the two administrations.”
Alan Rappeport Contributed reports.
