Delegations will meet this weekend in Switzerland for the first major talks between the world’s two biggest economies since Trump sparked a tariff war in his second term.

The Treasury secretary said that trade deals with other U.S. trading partners could be announced as soon as this week.

Opposite U.S. officials for talks on Saturday aimed at breaking a trade deadlock between the world's top two economies will be He Lifeng, a longtime confidant of Chinese President Xi Jinping who has slowly cultivated a reputation as a key fixer.