High-level trade talks between the United States and China are set to take place this week in Switzerland as both sides seek to address escalating economic tensions. The meetings come in the wake of President Donald Trump’s decision to raise tariffs on Chinese goods to 145%, a move that has prompted swift retaliation from Beijing.

According to official announcements, US Treasury Secretary Scott Bessent will meet with China’s lead economic representative, while US Trade Representative Jamieson Greer will hold discussions with his counterpart in Geneva. China’s Foreign Ministry confirmed that Vice Premier He Lifeng will join the talks before continuing his diplomatic trip to France. The ministry emphasized that the discussions follow what it described as "a series of unilateral tariff measures" by the US, which have disrupted global trade flows.

At a press conference ahead of the talks, Chinese Foreign Ministry spokesperson Lin Jian reiterated China’s firm stance, stating that the US should "stop threatening and pressuring China" and instead engage in dialogue based on "equality, respect, and mutual benefit." Lin reminded that China’s position remains unchanged—there will be no compromise unless tariffs are rolled back. He underscored that the tariff war was initiated by the United States and warned that real progress can only be achieved if Washington changes its approach.

Despite the firm rhetoric, Lin confirmed that China will participate in the upcoming dialogue and emphasized Beijing’s commitment to defending its rights and interests, as well as upholding "international fairness and justice" within the framework of World Trade Organization (WTO) rules. He encouraged observers to "stay tuned" for specifics once the talks conclude.

The outcome of these meetings is expected to be closely watched by global markets, as the world’s two largest economies attempt to find common ground amid rising economic and geopolitical strains.