U.S.-China Trade Talks in Switzerland
Negotiating teams from the U.S. and China have ended two days of trade talks in Switzerland on a positive note, with both sides making substantial progress. The atmosphere was described as collegial and professional, leading to the creation of a new consultation mechanism involving senior officials from both countries.
Key Points
- Positive tone of the talks
- Businesses worldwide will want more details before making decisions
- Both sides will continue discussions on Monday
Pros
- Substantial progress made in negotiations
- Collegial and professional atmosphere during the talks
- Creation of a new consultation mechanism involving senior officials from both countries
Cons
- Sources of friction still remained
- Uncertainty remains as more details are awaited