High-level talks between the United States and China have begun in Geneva, Switzerland, Chinese state media reported on Saturday, in a possible thaw in the trade war sparked by President Donald Trump’s massive tariffs.

Switzerland and the United States have agreed to accelerate their trade talks and are determined to reach an agreement quickly, Swiss President Karin Keller-Sutter said on Friday, without specifying a time frame.

US economic officials met Saturday in Geneva with their Chinese counterparts for the start of high-stakes negotiations to resolve the trade war that’s upended the global economy. The talks between Chinese Vice Premier He Lifeng and Treasury Secretary Scott Bessent are expected to continue Sunday,