The Geneva talks are the first direct US-China trade negotiation since President Trump imposed sweeping new tariffs on China. Here is what the two days are about.The dispute centres on tariffs. US levies on China now total 145 percent, with some duties reaching 245 percent.

China has answered with 125 percent on US goods. Both sides have warned of more.In Geneva, US Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer met Chinese Vice Premier He Lifeng. China’s state media called the first day an important step.The stakes are global.

The tariff war has shaken markets, disrupted supply chains and raised costs for businesses in both countries. A deal could lower prices; a breakdown could push the world toward recession.Trump has said he might cut tariffs to 80 percent. Any agreement is likely to take many rounds, but a productive first day would signal both sides want to de-escalate.