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Fortune
Fortune
Lionel Lim

U.S. and Chinese officials are finally set to meet for trade talks, a month after Trump hiked tariffs to a sky-high 145%

(Credit: Gary Hershorn—Getty Images)

After weeks of posturing, the U.S. and China are finally be set to meet, paving the way for a potential de-escalation to a brewing trade war between the world’s two largest economies.  

According to U.S. government statements, U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer will travel to Switzerland on Thursday, where they are scheduled to meet Chinese Vice Premier He Lifeng, Beijing’s lead economic representative. The meeting will take place between May 9 and 12.

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