The United States and China will hold talks this weekend in Switzerland to de-escalate trade tensions, Treasury Secretary Scott Bessent said Tuesday, in the first known high-level in-person contact between representatives of the world's two largest economies since President Donald Trump unleashed hefty tariffs on imports."My sense is that this will be about de-escalation, not about the big trade deal," Bessent told Fox News, referring to his upcoming meeting with China due to take place on Saturday and Sunday. "We've got to de-escalate before we can move forward."Bessent, who will participa…READ FULL ARTICLE
