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US & China

US-China Trade Talks to Start This Week as Tariffs Start to Bite

Scott Bessent during a House hearing in Washington on May 6.

Photographer: Tierney L. Cross/Bloomberg

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US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer will travel later this week to Switzerland for trade talks with China led by Vice Premier He Lifeng, seeking to de-escalate a tariff standoff that has threatened to hammer both economies.