https://www.taxtmi.com/news?id=43422 Senior U.S. and Chinese officials met in Geneva to discuss reciprocal de escalation of layered and retaliatory tariffs that currently restrict market access. The talks respond to U.S. duties tied to alleged unfair technology practices and other targeted measures and China's counter levies; they aim for contemporaneous reductions rather than unilateral steps. The negotiations also highlight third party exposure, as Swiss authorities consider the economic impact and the risk of countermeasures on affected industries. en-us Sat, 10 May 2025 15:01:03 +0530 Sat, 10 May 2025 15:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=43422 Senior U.S. and Chinese officials met in Geneva to discuss reciprocal de escalation of layered and retaliatory tariffs that currently restrict market access. The talks respond to U.S. duties tied to alleged unfair technology practices and other targeted measures and China's counter levies; they aim for contemporaneous reductions rather than unilateral steps. The negotiations also highlight third party exposure, as Swiss authorities consider the economic impact and the risk of countermeasures on affected industries. News - Sat, 10 May 2025 15:01:03 +0530 https://www.taxtmi.com/news?id=43422