The US and China will meet on the second day of trade talks star-news.press/wp

The U.S. and China financial officials will meet on Sunday at the second day of Geneva, High Stakes negotiations, discussed tensions from the war of President Trump.

The talks have important consequences for the global economy, as the rates that the United States and China imposed each other in the last months. The Lord Trump has established a minimum rate in all 145% China imports, China products have been played by 125% import products.

Crushing stems already interrupt the world’s supply chains. American companies are becoming a source of source products of products in non-China, and the Chinese factories look for ways around US fares and export to Southeast Asia. At the same time, many U.S. businesses weigh the amounts to help compensate tariff costs that can increase prices.

Economists have warned that trade conflicts will slow down global growth and fuel inflation, to go to a recession. These economic fears pressed Mr Trump to seek a deal with China.

After seven hours on Saturday seven hours, the United States said he would not be released in a formal statement about procedures.

Lord Trump was successful in the initial conversation.

“It’s a very good meeting today with China, Switzerland,” Mr. Trump wrote in social truth. “Discuss a lot of things, a lot agreed. Reset total, in a pleasant but constructive way.”

Treasure Secretary Scott Bessent and Jamieson Greer, the United States Trade representative, are being directed to Washington talks. For Beijing, negotiations are driving Lifgel for Chinese economic policies.

Rates cut the trade between the two largest economies in the world effectively.

Before the meetings, the Lord Trump suggested that the rates lowered to 80 percent to 145 percent. However, the White House spokesperson, Karoline Levitt said he would reduce China to reduce rates.

The Trump Administration has complained about China unfairly subsidized by the main sectors of its economy and the world being flooded with cheap goods. The United States has also pressed the drug that killed thousands of Americans in Fentanyl as to make drugs for more aggressive steps to exports drugs.

China has been firmly in response to trade concessions in response to Mr Trump’s rates. Officials stressed that the nation has agreed to talk to the United States application.

This weekend was intended to establish wider economic negotiations between the two countries. Economists have been skeptical that a quick deal is likely.

“We believe that the weekend is lowered expectations from the US and China officials.

Vanden Houte explained that if the United States rates the rate of Chinese imports to 80 percent, the effective rate of import rate would be three times higher than the projections of the projects chosen by Mr Trump.

But Mr Trump has appeared to do not make China won for the United States.

Restoring his call to American companies in China, Lord Trump said: “High progress has been made !!!”

Amy Chang Dog Taipei, Taiwan’s reports.