KEY POINT SUMMARY – US Meets China Delegation
• US Meets China Delegation in Switzerland for first trade talks
• Tariffs reach 145% on Chinese goods and 125% on US exports
• American firms face soaring costs and canceled orders
• Treasury and Trade officials seek a breakthrough
• Economists warn global recession risks are rising
US Meets China Delegation As Trade War Talks Kick Off
A tense moment has arrived as the US Meets China Delegation for the first major talks since the trade war erupted.
Top American officials, Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer, are heading to Switzerland. They will meet high-ranking Chinese leaders this weekend in Geneva.
It marks the highest-level discussions between the two nations since Donald Trump unleashed tariffs that rattled global markets.
Tariffs Cause Chaos As Trade War Deepens
The stakes are enormous.
When Trump launched his “Liberation Day” tariffs on April 2, China hit back hard. U.S. tariffs on Chinese goods now sit at a shocking 145%, while Chinese tariffs on American products have climbed to 125%.
The tit-for-tat measures have battered businesses. U.S. companies are canceling orders, halting expansions, and bracing for long-term disruption. The US Meets China Delegation summit offers a rare chance to ease tensions.
Bessent Calls China Talks Long Overdue
Speaking before the meeting, Bessent said China was “the missing piece.”
He warned that the current situation was unsustainable. “This is the equivalent of an embargo. We don’t want to decouple. We want fair trade,” he told Fox News.
Greer echoed the sentiment, saying previous talks with China had been constructive. But with tariffs skyrocketing, both sides now face urgent pressure to deliver progress.
China Signals Tough Position Ahead Of Meeting
Beijing confirmed the talks but signaled caution.
A Chinese Commerce Ministry spokesperson said China agreed to talks after weighing global expectations and calls from U.S. businesses. However, China vowed not to “sacrifice its principles” or global fairness.
The US Meets China Delegation meeting is expected to be tough. China insists that Trump lower tariffs first, while the U.S. demands trade reforms.
Economic Pain Mounts As Prices Soar
Consumers are already feeling the pinch.
Most economists agree tariffs have driven up prices on essentials like food, cars, and housing. Higher costs have pushed Americans into their deepest economic slump since COVID-19.
Wendy Cutler, a former U.S. trade official, welcomed the talks. But she warned against quick fixes. “This will take time,” she said.
US Officials Set To Meet Swiss Leaders Too
Beyond the China meeting, American officials will also meet Swiss President Karin Keller-Sutter.
It highlights how seriously the White House views the situation. Both Bessent and Greer had informal talks with Chinese officials before the trade war began.
Greer said those discussions were productive. “This isn’t about encircling China — it’s about fixing the American economy,” he said.
US Meets China Delegation In Crucial Step Forward
The US Meets China Delegation talks offer a vital chance to cool tensions.
With the global economy on edge and recession fears growing, the world will watch closely.
For now, the path ahead looks rocky. But as tariffs hurt both sides, pressure is growing for a deal, and this meeting may be the first step toward ending the trade war.