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The US and China meet after being imposed on fees for their first meeting in Geneva

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Treasury Secretary Scott Bession, and US Trade Representative Jameson, They started meetings Lifeng, Chinese news agency Sinhua, has reported with the Chinese delegation headed by the Deputy Prime Minister in Geneva.

The exact location of the meeting has not been released, which will take place This Saturday in Geneva. Diplomats from both parties confirmed the beginning of conversations, but spoke in an unnamed position.

Conversations are likely to move towards a morality of the Business War Deficiency. But there is the belief that two R have beenRead great fees They are applying for other products, it is an activity Relief World financial markets and companies on both sides of the Pacific Ocean depend on trade between the US and China.

Last month, US President Donald Trump, Increased charges China retaliates with a total of 145% of Americans in China, and 125% for US imports. Equal to such high charges equals a Neglect In other party products, troubles a trade last year 660,000 million Dollars.

Before the negotiations started, Trump recommended US on Friday Can reduce their charges for ChinaIn a post in its social network truth, “80 percent of fees sound well.”

Sun Yun, Director of the China Project of Stimson Center, said this First method I and Besent speak. And doubts that the gin crowd makes considerable results. “In the best case, both parties agree to reduce fees at once,” he said Minor reduction I will send a positive signal. “They can’t be words.”

Since he returned to the White House in January, Trump He has been aggressively used as his favorite economic weapon. For example, you have a set 10% tax To import from almost all countries of the world.

But fighting with China Is very serious. His fees for China include a right 20% The United States has been imposed to press Beijing to stop the flow of artificial opioid in Fendan. He 125% The rest of them go to Trump’s first decree and overlap he with the fees he imposed in China, the total fees of some Chinese products May be greater than 145%.

At the first decree of Trump, the US claimed China use Unreasonable tactics To gain benefits in advanced technologies such as quantum computing and driver -free cars. These tactics compel American companies and other countries Business secrets In exchange for access Chinese market; Use government money to subsidize national technology companies; And shameless theft of sensitivity technologies.

Problems have never been resolved

After nearly two years of negotiations, the US and China reached the invitation Phase agreement In January 2020. The US has agreed not to progress with more fees on China, and has agreed to buy more US products in Beijing. The The most difficult problems -Chell subsidies- they left The future negotiations.

But China Did not implement a promised purchaseShortly after the announcement of the first phase, the Gov -19 was disturbed by the world trade.

Now the struggle for Chinese technology policy resumes resumed

Trump is also nervous about the US trade deficit with China, which was $ 263,000 million last year. In Switzerland, Besent and Grair too They gathered With Swiss President Karin Keller-Suther. “I said that the Holy Spirit was in Rome yesterday to Secretary Besenty, and I hope it will come to Geneva on the weekend,” the president said after Friday meeting, he thought, “he said.Delicate“Since the hard fees are not softened to Swiss products

Last month, Trump Suspension Its plans for using 31% stronger fees for Swiss products, rather than 20% of the rights imposed on the EU exports. At this time, this has reduced these 10%taxes, but may increase them again.

The Bern government is prudent. But he has warned Impact In major Swiss industries such as watches, coffee capsules, cheese and chocolate. “Increase in business tensions It does not benefit To Switzerland.

Opposite action against US tariffs indicate costs for the Swiss economyEmbonan Countdidas At this time. “The government said that Swiss exports to the United States are on Saturday 10%The other 21% As of Wednesday.

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America is the second Business partner From Switzerland after the EU 9 million people. The government has said that the business of goods and services between the US and Switzerland has four times over the past two decades.

On January 1 last year, the Swiss government Abolished all industrial feesThis means that 99% of US products can be imported free of charge.

Garin Keller-Sutter, who is also the Swiss Finance Minister Stimulated US Treasury Secretary Scott Besent and hopes to be this weekend Resolve The highest clash of trade war between the United States and China in Geneva.

(Tagstotranslate) china

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