U.S. And China To Hold Trade Talks In Switzerland

Transcript

00:00The U.S. and China are set to hold their first post-tariff negotiations in Switzerland this

00:04weekend, led by Treasury Secretary Scott Besson and U.S. Trade Rep. Jameson Greer.

00:10The talks are aimed at de-escalation following President Trump's tariffs on Chinese imports,

00:15which China quickly countered. Besson emphasized the current trade situation is

00:20quote, not sustainable, and likened the tariffs to an embargo. Besson added that while the U.S.

00:25has not begun formal negotiations to reduce tariffs, quote, everything's on the table,

00:31pending the President's directions.