U.S. and China Await Key Leaders' Talks to Resolve Trade Disputes

Treasury Secretary Scott Bessent emphasized that China has a choice to be a reliable global partner and highlighted the need for China to shift to a consumption-led economy to address global imbalances. He discussed US-China tensions, potential US-Switzerland trade negotiations, and the importance of stabilizing China's economy through fiscal stimulus and reducing over-manufacturing, while also noting ongoing tariff discussions and opportunities for US-Switzerland collaboration on AI and financial services.