US-China Trade Talks: A Low-Key Start in Paris In a bid to resolve their long-standing trade tensions, the United States and China held their sixth round of trade talks in Paris last weekend. However, the first day of negotiations passed without any significant breakthroughs. The talks were led by Chinese Vice-Premier He Lifeng and US Treasury Secretary Janet Yellen (note: Scott Bessent is the US Treasury Secretary's deputy). The meeting, held at the Organisation for Economic Co-operation and Development (OECD) headquarters, was a relatively quiet affair, with little to no updates for journalists waiting outside. The discussions, which lasted for about two and a half hours in the morning and another four hours in the evening, were marked by the usual diplomatic niceties. The Chinese delegation left the venue during the lunch break, while the US members stayed behind, reportedly enjoying some Canadian delicacies from a nearby deli. The talks will continue tomorrow, with the US delegation set to leave the next day. The Chinese side will remain in Paris for another day before departing on Tuesday. It's worth noting that these talks follow a preliminary framework agreed upon by Presidents Trump and Xi ahead of their meeting. The ongoing trade tensions between the US and China have significant implications for the global economy, including Nigeria. As the world's two largest economies, their trade agreements can impact the prices of goods and commodities that Nigeria imports and exports. In recent years, the US has imposed tariffs on Chinese goods, while China has retaliated with its own tariffs on US products. These trade tensions have had a ripple effect on global markets, affecting businesses and consumers worldwide. As the negotiations in Paris continue, the world will be watching closely for any developments that may impact trade relations between the US and China.