Top officials from the world's two largest economies wrapped up high-stakes talks in Geneva this weekend, signaling a thaw in trade tensions.🇨🇳🇺🇸 Chinese Vice Premier He Lifeng met with U.S. Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer for the first major discussions since Washington introduced heavy tariffs on Chinese goods earlier this year.
The two-day session focused on implementing agreements from January's landmark call between leadership in Beijing and Washington. Both sides described talks as 'candid, in-depth, and constructive' – diplo-speak for 'we agreed to keep talking' 💬. Key outcomes include:
- ✅ New economic consultation channels to address ongoing concerns
- 🚀 Commitment to follow through on earlier agreements
- 📈 Progress on undefined 'major consensus' (stay tuned)
While details remain scarce, this meeting sets the stage for smoother cross-Pacific business flows – crucial news for startups, investors, and anyone tracking global supply chains. 🚚💻
Reference(s):
Key takeaways from China-U.S. high-level economic and trade meeting
cgtn.com