By Emma Farge and John Revill GENEVA (Reuters) -Talks between U.S. and Chinese officials continued into their second day in Geneva on Sunday, as both sides discussed how to de-escalate the trade war that threatens to inflict major damage on the world economy.

Key Takeaways Chinese and American officials are expected to meet in Switzerland this weekend to discuss the trade spat between the two countries.The countries have engaged in increasing tariff retaliations,

President Donald Trump announced significant advancements in trade negotiations with China, describing the discussions over the last couple of days as a “total reset” following weeks of escalating tensions between the world's two largest economies.