GENEVA, May 10 (Reuters) - Chinese Vice Premier He Lifeng resumed talks with U.S. Treasury Secretary Scott Bessent on Saturday afternoon in Geneva in a tentative first step towards defusing a trade war that is disrupting the global economy.
Bessent and He were meeting in Geneva after weeks of growing tensions in which duties on goods imports between the world's two largest economies have soared far beyond 100%.
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The trade dispute, combined with U.S. President Donald Trump's decision last month to impose duties on dozens of other countries, has disrupted supply chains, unsettled financial markets and stoked fears of a sharp global downturn.