American and Chinese officials have started talks in Switzerland to de-escalate a trade dispute between the world's two biggest economies that has global implications. There is hope that the countries can scale back the tariffs they have slapped on each other's goods,

President Donald Trump on Friday set negotiating terms for his administration’s first discussions with China, which are set to take place in Geneva this weekend.

Commerce Secretary Howard Lutnick said during a recent interview that President Trump’s administration is looking to deescalate the ongoing tariff war but first will need to get the China trade