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China agrees to US trade talks

China has agreed to the first major talks with the US since Donald Trump imposed sweeping tariffs and launched a global trade war.

Scott Bessent, the US treasury secretary, and Jamieson Greer, the US trade representative, will meet with their counterparts in Geneva this weekend.

It is a move Mr Bessent has described as a “de-escalation” amid growing market worry over the impact of the tariffs on the world economy, and working Americans.

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