America and China hold first commercial talks in Switzerland

The US Treasury Secretary and the United States’ top trade representative began talks with high-level Chinese officials in Switzerland Today, in order to calm the conflict that threatens to cut off trade between the largest economies in the world and harm the global economy.

And the Treasury Minister, Scott Besant, and the US Trade Representative, Jameson Jarir, began meetings in Geneva with the Chinese delegation led by the deputy President of the House of Representatives, Khë Lefanj.

Diplomats from both sides confirmed the start of the talks, but they spoke without revealing their identity, and they did not reveal the exact location. للاجتمعة However, the black cars and the small Alfan cars were seen moving to and from the residence of the Swiss ambassador to the United Nations. United States in Al-Madinah, a diplomatic source said on condition of anonymity due to the sensitivity of the meeting. We met for hours before heading to the restaurant for lunch.

It doesn’t look like the prospect of achieving a large, promising budget, but there is hope that the countries will be relieved of the huge customs duties imposed on them. sell all of them, in a step that relieves the pressure on the global financial markets and the companies on the Pacific side that It depends on the trade between the United States and China.

US President Donald Trump last month raised the customs duties imposed on China to a total of 145%. وردّت کینا بفرز روسم قدرها 125% علیہ الوردات امریکیان. These high rates of fees are considered as a substitute for goods between the two countries, which disrupts trade whose prices exceed 660 billion dollars last year.

And even before the talks began, Trump on Friday hinted at the possibility of lowering American tariffs on China, as he said in a manifesto on the platform “تروظ سوشال”: “80% تبدو امساعة! المرتوك لسكوت”, in reference to the American Treasury Minister.

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