Top US officials and their Chinese counterparts will meet in Switzerland at the weekend to hold trade discussions, boosting hopes for a potential deescalation in the US-China trade war. Treasury Secretary Scott Bessent and trade representative Jamieson Greer will get round the table with Chinese Vice Premier He Lifeng in the most senior-level talks since President Trump's tariff push launched in early April.

Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer will meet Chinese officials, but expectations for a breakthrough in their trade war are low.

Top U.S. officials are set to meet with a high-level Chinese delegation this weekend in Switzerland in the first major talks between the two nations since President Donald Trump sparked a trade war with stiff tariffs on imports.