#USChinaTradeTalks Meeting in Geneva marks the resumption of dialogue between the two largest economies in the world, after a rise in tariffs and the risk of shortages.

The United States and China made "substantial progress" in trade negotiations after two days of meetings in Geneva, according to American representatives Scott Bessent (Secretary of the Treasury) and Jamieson Greer (Trade Representative).

This was the first formal meeting since U.S. President Donald Trump raised tariffs on Chinese products to as much as 145%. He Lifeng, China's Vice Premier, stated that it was "an important first step" in resolving the differences.