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China, U.S. to Hold Trade Talks in Switzerland This Week

Published: May. 7, 2025  11:35 a.m.  GMT+8
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China and the U.S. on Wednesday announced they will hold trade talks in Switzerland this week, after weeks of tit-for-tat tariff hikes between the world’s two largest economies that rocked the global market.

Vice Premier He Lifeng, China’s top official for economic and trade affairs with the U.S., will meet U.S. Treasury Secretary Scott Bessent during his trip to Switzerland from Friday to Monday, according to China’s Foreign Ministry.

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  • China and the U.S. will hold trade talks in Switzerland this week after recent mutual tariff hikes.
  • Chinese Vice Premier He Lifeng and U.S. Treasury Secretary Scott Bessent will lead their delegations, with Trade Representative Jamieson Greer also participating.
  • China reaffirmed engagement based on global expectations and its interests, while urging the U.S. to negotiate sincerely and equitably.
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What Happened When
2025-05-07:
China and the U.S. announced they will hold trade talks in Switzerland this week, after weeks of tit-for-tat tariff hikes.
2025-05-07:
China's Ministry of Commerce stated that China agreed to resume engagement with the U.S. on trade issues.
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