China, the United States held talks on customs tariffs in the first attempt to cancel the manufacture of trade war Trade War News

Analysts have low expectations of penetration, but the Swiss host hopes to show a “road map”.

China’s commercial envoy, Living met with US Treasury Secretary, Scott Pessant, Switzer Trade war Among the great powers roaming in global markets.

Reuters news agency reported that the talks ended late on Saturday and will continue on Sunday, according to a source familiar with the talks.

The first official participation began, since the United States slapped a 145 percent tariff for Chinese goods, which led to a 125 percent revenge duty of China, earlier on Saturday at a site that was not revealed in Geneva, Switzerland, according to Chinese News Agency.

The Associated Press reported that the black car procession and trucks were seen leaving the home of the Swiss ambassador to the United Nations in the Cologne suburb.

A diplomatic source, speaking to AP, said, provided that his identity is not disclosed due to the sensitivity of the meeting, that the sides met for two hours before leaving in a pre -arranged lunch. Then the conversations continued until the evening.

The US President has called on the commercial conflict, which is effective to a mutual boycott of products, Donald Trump Last month, when he announced comprehensive tasks for almost every country in the world, which are now under the suspension of 90 days while negotiations are carried out.

Experts believe China He may search for the same waiver from 90 days in addition to the drop in a 145 percent tariff-Trump suggested that it can be reduced to 80 percent, saying in a social publication in fact on Friday that the amount “looks true”.

Trump’s journalist, Caroline Levitte, said on Friday that the United States will not reduce definitions unilaterally, adding that China will need concessions as well.

Pesint said that the meetings in Switzerland will focus on “canceling the escalation.”

“The best scenario is that the two sides agree to cancel the escalation on … the definitions at the same time,” said Sun Yun, director of China at the Washington -based Stimson Center, adding a slight decrease in sending a positive signal.

“It cannot be just words,” she said.

Lack of confidence in the work is high

Trump justified the punitive tariff by referring to unfair commercial practices and accusing Beijing of failing to curb the export of chemicals used for the production of fentanel, which is deadly artificial artisan.

For its part, China says it will not bow “imperialists” and voices.

With high lack of confidence, both sides were keen not to appear weak, and economic analysts had low expectations of penetration.

Trump suggested that the discussions be by China. Beijing said that the United States had requested discussions and that China’s policy related to US tariffs had not changed.

Swiss Economy Minister Jay Parmelin met both sides in Geneva on Friday and said that the fact that the talks had already succeeded.

“If the road map can appear and decide to continue the discussions, this will reduce tensions,” he told reporters on Friday.