On Wednesday, U.S. President Donald Trump stated he would not lower tariffs on China preemptively to facilitate more substantive trade negotiations.U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer are set to meet with Chinese Vice Premier He Lifeng in Switzerland to discuss trade issues, earlier reports told. Related NewsInflation Rate MoM for April in China is 0.1%, higher than the previous value of -0.4%.