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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Prime Minister Keir Starmer is set to unveil fresh sanctions targeting up to 100 Russian oil tankers used to evade international restrictions, in a bid to cut off funding for Vladimir Putin's war in Ukraine.
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China has agreed to send its top economic official for rare trade talks with the U.S. in Geneva, as deepening economic troubles and geopolitical frictions force Beijing back to the negotiating table.
The United States, along with its European allies, is finalizing a proposal for a 30-day ceasefire in Ukraine, with a strong warning that new sanctions will be imposed on Russia if the truce is not honored, according to a French diplomatic source on Friday.
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U.S. President Donald Trump had a "very good and productive" phone call with Ukrainian President Volodymyr Zelenskiyy on Thursday, according to the White House.
Prime Minister Keir Starmer is set to unveil fresh sanctions targeting up to 100 Russian oil tankers used to evade international restrictions, in a bid to cut off funding for Vladimir Putin's war in Ukraine.
China has agreed to send its top economic official for rare trade talks with the U.S. in Geneva, as deepening economic troubles and geopolitical frictions force Beijing back to the negotiating table.
The United States, along with its European allies, is finalizing a proposal for a 30-day ceasefire in Ukraine, with a strong warning that new sanctions will be imposed on Russia if the truce is not honored, according to a French diplomatic source on Friday.
Ten blasts were reported near Srinagar International Airport in India-administered Kashmir as tensions between India and Pakistan continue to escalate, prompting global concern over a potential wider conflict.
U.S. President Donald Trump had a "very good and productive" phone call with Ukrainian President Volodymyr Zelenskiyy on Thursday, according to the White House.
Prime Minister Keir Starmer is set to unveil fresh sanctions targeting up to 100 Russian oil tankers used to evade international restrictions, in a bid to cut off funding for Vladimir Putin's war in Ukraine.
Iranian Foreign Minister Abbas Araghchi said on Friday the Israeli Prime Minister Benjamin Nethanyau is trying out of “utter desperation” to disrupt the current indirect nuclear negotiations process between Iran and the United States.
China has agreed to send its top economic official for rare trade talks with the U.S. in Geneva, as deepening economic troubles and geopolitical frictions force Beijing back to the negotiating table.
The United States, along with its European allies, is finalizing a proposal for a 30-day ceasefire in Ukraine, with a strong warning that new sanctions will be imposed on Russia if the truce is not honored, according to a French diplomatic source on Friday.
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