Two senior US officials will meet with their Chinese counterparts to discuss issues related to trade between the two countries, the Trump administration said on Tuesday.
This meeting is important, especially after the escalating conflict over tariffs that imposed by both countries on each other.
The office of US Trade Representative Jamieson Greer said that the secertary will "meet with his counterpart from the People's Republic of China to discuss trade matters" during a trip to Switzerland.
Chinese Foreign Ministry spokesperson Lin Jian said in a post that US Treasury Secretary Scott Bessent will also travel to Switzerland this week, where he will meet with China's "lead representative on economic matters."
In a social media post Tuesday night, the Chinese Embassy in the US confirmed the meeting scheduled in Switzerland, adding that China "has decided to agree to engage with the US side."
In an interview with Fox News on Tuesday, Bessent said he will meet with a Chinese delegation on Saturday and Sunday, and initial discussions will likely be about "de-escalation, not about the big trade deal."
The Treasury secretary said the US and China have "shared interests" because the sky-high tariffs imposed by both countries last month are not "sustainable."
"The world has been coming to the U.S., and China has been the missing piece," Bessent said on Fox News' "The Ingraham Angle".
Follow the latest news on Google News
