Chinese Vice Premier He Lifeng held talks with U.S. Treasury Secretary Scott Bessent on Saturday in a tentative first step towards defusing a trade war that is disrupting the global economy.Bessent and He were meeting in Geneva after weeks of growing tensions in which duties on goods imports between the world's two largest economies have soared far beyond 100%.

GENEVA — Negotiating teams from both the U.S. and China have ended two days of trade talks in Switzerland on a positive note, amid severe tensions between the world's two largest economies. U.S. Treasury Secretary Scott Bessent said Sunday evening that ...

China's Ministry of Commerce (MOFCOM) announced on Wednesday that it has temporarily suspended export controls of dual-use items for 28 US entities starting Wednesday, following the joint statement issued after the China-US economic and trade talks in Geneva.

U.S. Treasury Secretary Scott Bessent said Tuesday that South Korea put forward "very good" proposals in bilateral talks over trade and other related issues before the Asian country's election cycle kicked off,

U.S. Trade Representative Jamieson Greer spoke Monday night with CNN's Kaitlan Collins, who asked: "If there were no major concessions made in Geneva by the Chinese officials, some businesses may ask,

David Li from Tsinghua University says the trade truce announced by the U.S. and China suggests that Trump's tariffs plans are "much for nothing" and global trade for Chinese businesses will evolve into 3 hubs going forward.

Switzerland has moved to the front of the queue for a trade deal with the United States, U.S. Treasury Secretary Scott Bessent said on Monday, after the Alpine country hosted surprisingly successful U.