Reuters: Chinese and US teams left the site of trade talks
Reuters Reports Chinese and U.S. Delegations Leave Geneva After a Day of Trade Talks
According to the English section of the Webangah News Agency, citing Mehr News Agency and Reuters, members of the Chinese and U.S. delegations left Geneva on Saturday afternoon after holding a day of trade discussions.Reuters reported without further details: It remains unclear whether further consultations will take place.
Hours earlier, economic officials from Beijing and Washington began trade negotiations in Geneva, Switzerland, aimed at easing the trade war between the two nations.CCTV had reported that high-level economic and trade talks between China and the U.S. began on the morning of May 10 local time in Geneva.
U.S.Treasury Secretary Janet Yellen and top trade negotiator Katherine Tai held discussions with a Chinese delegation led by Vice Premier He Lifeng, China’s economy chief.
Tensions escalated after former U.S. President Donald trump imposed tariffs on Chinese imports, triggering a trade conflict where both sides have since engaged in retaliatory measures to counter each other’s moves.
Currently, U.S.-imposed tariffs on Chinese goods stand at 145%, while Beijing has raised duties on American imports to 125%.
