After weeks of escalating economic tensions and record-high tariffs, China’s Vice Premier He Lifeng and U.S. Treasury Secretary Scott Bessent met in Geneva on Saturday in a bid to stabilize relations between the world’s two largest economies.
China's vice premier He Lipeng held talks with U.S. Treasury Secretary Scott Bessent early on Saturday in Geneva, China's state-owned news agency Xinhua reported.
A person close to the talks confirmed to Reuters that they were underway.
After weeks of escalating tensions that led to tariffs on goods imports between the world's two largest economies soaring well beyond 100%, the two sides finally came together for talks.
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