TaxTMI 
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Top Trump officials to meet with Chinese counterparts amid trade war
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....op Trump officials to meet with Chinese counterparts amid trade war<BR>PTI News<BR>Dated:- 7-5-2025<BR>PTI<BR>Washington, May 7 (AP) Top US officials are set to meet with a high-level Chinese delegation this weekend in Switzerland, the administration announced Tuesday, in the first major talks between the two nations since President Donald Trump sparked a trade war with stiff tariffs on imports. ....
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....Treasury Secretary Scott Bessent and trade representative Jamieson Greer will meet with their counterparts in Geneva in the most-senior known conversations between the two countries in months. It comes amid growing US market worry over the impact of the tariffs on the prices and supply of consumer goods. Trump had claimed previously that the US and China were holding negotiations on lowering tari....
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....ffs, which Beijing has denied, saying Trump must first lower his stiff tariffs. Bessent earlier Tuesday testified to a House committee that the US and China “have not engaged in negotiations” but “as early as this week,” the US will be announcing trade deals with some of the US' largest trading partners. The Chinese Commerce Ministry on Tuesday confirmed the meeting between the vice premi....
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....er and Bessent in Switzerland. “The Chinese side carefully evaluated the information from the US side and decided to agree to have contact with the US side after fully considering global expectations, Chinese interests and calls from US businesses and consumers,” said a ministry spokesperson. Bessent and Greer also plan to meet with Swiss President Karin Keller-Sutter, according to readouts ....
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....from their respective offices. Both Greer and Bessent have had communications with their counterparts prior to the start of the trade war. Greer told Fox News Channel last month that he spoke with his Chinese counterpart for over an hour before the trade war started. “I thought it was constructive,” he said, adding, “this is not a plan just to encircle China. It's a plan to fix the America....
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....n economy, to have a greater share of manufacturing as GDP, to have real wages go up, to be producing things instead of having an economy that's financed by the government.” And Bessent in February spoke with Chinese Vice Premier He Lifeng “to exchange views on the bilateral economic relationship,” according to a Treasury news release. (AP) NB<BR> News - Press release - PIB....