White House economic adviser Kevin Hassett said on Friday that early signs ahead of this weekend’s U.S.-China trade talks in Switzerland appear positive, with both sides showing mutual respect and a constructive tone.
White House economic adviser Kevin Hassett expressed optimism on Friday about the upcoming U.S.-China trade talks set to take place in Switzerland over the weekend.
Speaking to CNBC, Hassett - who serves as director of the National Economic Council - said he had spoken with U.S. Trade Representative Jamieson Greer and Treasury Secretary Scott Bessent shortly before they departed for the meeting Thursday night.
"Everything that's been going on with the meeting in Switzerland is very promising to us," Hassett said. "We're seeing extreme respect, treating both sides with respect. We're seeing collegiality and also sketches of positive developments."
The talks are seen as a potential step toward easing trade tensions between the world’s two largest economies. The meeting will include high-level officials, including China’s economic policy chief He Lifeng, and comes amid growing hopes for a path toward de-escalation.
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A Pentagon official provided the first official estimate of the cost of the U.S. war in Iran on Wednesday (29 April), telling lawmakers that $25 billion had so far been spent on the conflict, most of it on munitions. Earlier, Donald Trump said that the U.S. had "militarily defeated" Tehran.
Two Jewish men have been stabbed in London in an incident that British police are treating as a terrorist attack.
A new Georgian-language broadcaster backed by Poland’s public media has launched with promises of objectivity - but it is already fuelling debate over influence, trust, and politics.
Armenia and Georgia will co-host the 2029 FIFA U-20 World Cup, the sport’s global governing body announced on Wednesday (29 April), bringing the youth tournament to the South Caucasus for the second consecutive edition after the 2027 event.
A Pentagon official provided the first official estimate of the cost of the U.S. war in Iran on Wednesday (29 April), telling lawmakers that $25 billion had so far been spent on the conflict, most of it on munitions. Earlier, Donald Trump said that the U.S. had "militarily defeated" Tehran.
Tensions between the United States and Iran remain high after a U.S. official said President Donald Trump was unhappy with a proposal from Tehran that does not deal with its nuclear programme. Washington is insisting that any talks must address Iran’s nuclear activities.
The decision by the United Arab Emirates to leave OPEC+ on 1 May has put renewed focus on one of the most influential groups in global energy - and how its decisions can shape oil prices worldwide.
The death toll from a train collision near Indonesia’s capital Jakarta rose to 14 women on Tuesday (28 April), with 84 people injured, after rescuers completed efforts to free passengers trapped in the wreckage, the state rail operator said.
Mexican special forces arrested Audias Flores, known as “El Jardinero”, a senior commander of the powerful Jalisco New Generation Cartel (CJNG), during an operation in the western state of Nayarit, Security Minister Omar García Harfuch said on Monday (27 April).
Britain's King Charles and Queen Camilla commemorated victims of the 11 September, 2001, an al Qaeda attack on New York City on Wednesday, laying a floral bouquet at the memorial where the World Trade Centre's twin towers once stood.
Two Jewish men have been stabbed in London in an incident that British police are treating as a terrorist attack.
Reversing a decade of restrictions, New South Wales has opened new areas for gas exploration in its remote west. The move reflects growing concern over future energy supply across Australia’s east coast.
Travel demand across China is expected to remain robust during the upcoming five-day Labour Day holiday starting 1 May.
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