Donald Trump tariffs: Trump floats slashing the China tariff to 80%

US-China trade talks ‘positive’ steps toward de-escalation: WTO chief.

The WTO Director-General Ngozi Okonjo-Iweala views the upcoming discussions between American and Chinese officials as a positive development towards reducing trade tensions, according to a statement released on Friday.

The scheduled meeting in Geneva between US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng aims to address the ongoing trade disputes between the world’s largest economies.

A WTO spokesperson emphasised that “Sustained dialogue between the world’s largest economies is critical to easing trade tensions.” These discussions represent the most significant diplomatic engagement between Washington and Beijing since US President Donald Trump initiated trade restrictions upon his recent return to office.

Subsequently, both nations have engaged in reciprocal tariff increases on their respective instability not only within their own markets but also effecting the global economy.

Read more at : The Times of India