US and Chinese officials resumed trade talks on Sunday after a Saturday night session that lasted over eight hours in Geneva. The discussions, held at the Swiss ambassador’s villa near Lake Geneva, involved US Treasury Secretary Scott Bessent, US Trade Representative Jamieson Greer, and China’s Vice Premier He Lifeng. This marks their first face-to-face meeting since both countries significantly increased tariffs to over 100%. Despite a silent negotiation session, with no public statements or schedule released, President Trump claimed progress was made in Geneva and that ‘much agreed to.’ His statement did not clarify any specific agreements reached nor mention whether tariffs will be lowered. The talks are taking place within a secure environment behind a locked gate in the affluent Cologny neighborhood. Switzerland was chosen as the venue after Swiss politicians visited both China and the United States advocating for neutrality during negotiations. The meeting comes amidst escalating tensions between the US and China, seeking to deescalate a trade war that has spiraled out of control. This session focuses on various issues such as a ceasefire in the Israel-Gaza conflict, oil deals, trade discussions, investment opportunities, and potential new regulations regarding exporting semiconductors and handling nuclear programs.