"The talks are taking place now because both countries have judged that they can move forward without appearing to have caved in to the other side." Still, China's foreign ministry spokesperson Lin Jian emphasised on Wednesday that "the talks are being held at the request of the US".

The US and China made “substantial progress” after two days of talks in Switzerland aimed at de-escalating a trade war, Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer said Sunday.

U.S. negotiators said Sunday that “substantial progress” was made and “perhaps the differences weren’t so large” after two days of negotiations with a high-ranking Chinese delegation on ways to