China’s central bank said Wednesday that it would cut interest rates in an effort to bolster its economy amidst the country’s ongoing trade war with the United States.

BEIJING — China has announced a barrage of measures meant to counter the blow to its economy from U.S. President Donald Trump ’s trade war, as the two sides prepare for talks later this week. Beijing’s central bank governor and other top financial officials outlined plans to cut interest rates and reduce bank reserve requirements to help free up more funding for lending.

President Donald Trump’s top trade officials will be holding face-to-face trade talks with a Chinese economic official for the first time since the U.S. imposed punishing tariffs on China and set off a global trade war.