By John Revill, Emma Farge and David Brunnstrom GENEVA/WASHINGTON (Reuters) -U.S. President Donald Trump hailed talks with China in Switzerland on Saturday, saying the two sides had negotiated "a total reset

Prospects for a major breakthrough appear dim. But there is hope that the two countries will scale back the massive import taxes they have imposed on each other's goods since President Trump launched a trade war.

STORY: The US and China kicked-off high level trade negotiations in Switzerland on Saturday (May 10).It’s a tentative first step towards defusing a trade war between the world’s two largest economies that has disrupted global markets.