OR China considers that the first commercial conversations with the USA that started today at SwitzerlandAfter the start of the “trade war” by US President Donald Trump constitute an “important step”.

An indication of the importance paid by the two countries to the subject is the fact that they have sent high -ranking delegations to Switzerland for talks: the US Finance Minister Scott BessedUS representative on trade issues Jameson Green and Vice President of the Chinese government He Lifeng.

“The contact in Switzerland is an important step in promoting the resolution of the issue in question,” said the comment that was broadcast by the official Xinhua news agency, but without giving further details on the progress of the talks.

Bessed and the US delegation have made no comment.

The discussions started in the morning and was in progress at least until 18.00 (Greek time). It is foreseen that they will continue tomorrow Sunday.

On Friday, Trump seemed to have made a gesture of goodwill to Beijing, implying that he would reduce the duties he imposed on Chinese products from 145% to 80%. Beijing, who warned that “will fight to the end” Trump’s duties, responded by imposing 125% of its own tariffs on US products. As a result, bilateral transactions were essentially interrupted and markets experienced intense turmoil.