MWE Correspondent
After months of economic tension and rising tariffs, senior trade representatives from the United States and China are set to meet this weekend in Geneva for high-level discussions aimed at defusing the ongoing trade war.
The meeting will bring together U.S. Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer with China’s Vice Premier He Lifeng, as both sides attempt to find common ground. This marks the first formal negotiation effort since the tit-for-tat tariff increases intensified earlier this year.
The trade conflict, which began several years ago, has disrupted supply chains across multiple sectors and placed significant pressure on global markets. Most recently, the U.S. hiked import duties on various Chinese goods to a staggering 145%, prompting Beijing to retaliate with tariffs as high as 125% on American exports.
According to Chinese officials, economic headwinds—including a reported 3.5% drop in tax revenue in the first quarter of 2025—have reinforced the urgency to seek a diplomatic path forward. In response to slowing economic momentum, China’s central bank has pumped 1 trillion yuan (approximately $138 billion) into the economy in an effort to maintain liquidity and avoid a deeper downturn.
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Despite the positive step toward dialogue, both sides remain cautious. U.S. officials have stressed that these talks are exploratory and not yet indicative of a breakthrough or formal agreement. Similarly, Chinese authorities have underlined that key issues—such as technology transfers and market access—are still major sticking points that require balanced negotiations.
Observers hope the Geneva meeting will at least pave the way for a more structured process to address the core tensions that have plagued U.S.-China trade relations. However, experts warn that progress will be slow and likely incremental given the deep-rooted political and economic stakes.
While expectations remain tempered, the fact that both nations are returning to the table offers a glimmer of hope for more constructive engagement in the months ahead.
Hahahaha Interesting, i thought they are both acting their countries can survive without the other. what changed? Pride goes before fall
Donald Trump started all these “US can survive without China” beef. See you both need each other , Enough of the online drama.