US, China set for second day of high-stakes talks

News Snapshot:

Geneva | Top US and Chinese officials wrapped up the first day of talks in Switzerland on Saturday (Sunday AEST) aimed at defusing a trade war that threatens to hammer the global economy and planned to resume negotiations on Sunday, a source close to the discussions said. Chinese Vice Premier He Lifeng met for about eight hours with US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer in Geneva in their first face-to-face meeting since the world’s two largest economies heaped tariffs well above 100 per cent on each other’s goods. Loading... Reuters and AP