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US and China to hold trade talks in Switzerland
short by Aradhana Kalia / on Wednesday, 7 May, 2025
US and Chinese officials are scheduled to meet in Switzerland in what could be the first step toward resolving their trade war. US President Donald Trump has imposed import tariffs of up to 145% on Chinese goods, while Beijing retaliated with tariffs of 125% on US products. Stock markets in China and Hong Kong registered gains after the meeting's announcement.
read more at Reuters