India, May 7 -- Top officials of the United States and China will meet in Switzerland later this week for negotiations about reciprocal trade.
US Treasury Secretary Scott Bessent, US Trade Representative Jamieson Greer and Chinese Vice Premier He Lifeng will meet in Geneva during May 9-12 in what is seen as an attempt to de-escalate tensions in trade relations between the economic major powers.
This was announced by China's Ministry of Foreign Affairs and the U.S. Department of the Treasury.
"My sense is that this will be about de-escalation, not about the big trade deal, but we've got to de-escalate before we can move forward," Fox News quoted Bessent as saying in an interview.
"If the United States wants to resolve the issue through n...