Treasury Secretary Scott Bessent and trade representative Jamieson Greer will meet with their counterparts in Geneva.

President Donald Trump said he is willing to lower tariffs on China at some point because the levies now are so high that the world’s two largest economies have essentially stopped doing business with each other.

Trump’s ‘tariff war’ is not an issue solely or even primarily about the US economy. It is an attempt to bring the entire world trading system under unilateral US control, removing any minimal element of multilateral negotiation from it.