The USA and China have been meeting for the first time since Trump has imposed tariffs

Top management officers from the United States and China are ready to meet in Geneva on Saturday for negotiations with high operations that could determine the fate of a global economy that was shaken by the President Trump trade war.

The meetings that are to be continued on Sunday will be the first since Mr. Trump has increased the tariffs for Chinese imports to 145 percent and China has been renovated with its own taxes of 125 percent for US goods. The Tit-for-Tat lowered the trade between the largest economies in the world and increases the possibility of a global economic downturn.

While the missions for the meetings are high, the expectations for a breakthrough that leads to a sensible reduction in tariffs are low. It took weeks for China and the United States to speak at all, and many analysts expect the discussions of this weekend to urge themselves to determine what every page wants and how negotiations could progress.

The fact that Beijing and Washington finally speak has aroused hope that the tension between them could be determined and that the tariffs could ultimately be reduced. The effects of the taxes are already changing in the global economy, the supply chains are reoriented and companies prompted to pass on additional costs to consumers.

The negotiations are closely observed by economists and investors who fear that a US Chinese economic war will lead to slower growth and higher prices all over the world. Companies, especially those who rely on Chinese imports, are also on alert on the discussions when they deal with how they can deal with the new taxes and uncertainty as to whether they remain.

“Both the United States and the China have strong economic and financial interests to de-escalate their hostilities, but permanent relaxation is hardly able,” said Eswar Prasad, former director of the China department of the International Monetary Fund.