China Warns It Will 'Fight to the End'

US and Chinese officials will begin talks this week to try to ease tensions in a trade war between the world's two largest economies.

Chinese Vice Premier He Lifeng will attend talks in Switzerland from May 9 to 12, China's Foreign Ministry announced, CE Report quotes Kosova Press.

US Treasury Secretary Scott Bessent and US Trade Representative (USTR) Jamieson Greer will represent Washington at the meeting, their offices announced.

Since returning to the White House, President Donald Trump has imposed new import tariffs on Chinese goods of up to 145%. Beijing has retaliated with tariffs on some US goods of up to 125%.

But global trade experts have told the BBC they expect negotiations to take several months.

It will be the first high-level interaction between the two countries since Chinese Vice President Han Zheng attended Trump's inauguration in January.

Bessent said he looked forward to rebalancing the international economic system to better serve U.S. interests.

"My feeling is that this is going to be about reducing tensions, not about the big trade deal, but we have to reduce tensions before we can move forward," he said in an interview with Fox News.

"If the United States wants to resolve the issue through negotiations, it must face the serious negative impact of unilateral tariff measures on itself and the world," a Chinese commerce ministry spokesman said on Wednesday morning.

Chinese state media reported that Beijing had decided to engage with the US after fully considering global expectations, the country's interests and calls from American businesses.

The report added that China is open to talks, but reiterated that if the country decides to continue fighting this trade war - it will fight to the end.

The trade war has caused turmoil in financial markets and sent shockwaves throughout global trade.