#TradeStories
1. U.S.-China Trade Talks Resume Amid Tariff Tensions
High-level trade discussions between the U.S. and China commenced in Geneva, aiming to ease escalating tariff tensions that threaten global economic stability. The U.S. delegation, led by Treasury Secretary Scott Bessent, met with Chinese Vice Premier He Lifeng. These negotiations follow steep tariff hikes—145% by the U.S. and 125% by China—impacting over $660 billion in annual trade. President Trump hinted at potential tariff reductions, but analysts remain cautious about significant progress. The talks are crucial for global markets, with potential implications for various sectors.