US EditionTop US officials will meet with Chinese delegation in Switzerland in first major talks of trade war
- Shares in Asia rose after the U.S. and China announced plans for trade talks in Switzerland later this week.
- Hong Kong's share index surged over 2% following interest rate cuts from Beijing.
- The U.S. trade deficit reached a record $140.5 billion in March due to rising imports.
- Analysts noted a muted response to China's stimulus measures, reflecting disappointment over insufficient government spending to boost the economy.
400 Articles
400 Articles
Bessent signals optimism as U.S./China trade talks stall in public
Treasury Secretary Scott Bessent, in an interview with CNBC, expressed optimism that “substantial progress” in U.S./China trade negotiations could be achieved in the coming weeks. However, the overall status of talks remains uncertain, with public statements from both sides highlighting…
Editor Daily Rundown: Treasury Secretary Scott Bessent To Meet CCP Officials For Trade Talks
BREAKING OVERNIGHT ... CHINA SEEKS A DEAL ... WILL MEET WITH TREASURY SEC IN SWITZERLAND ON SATURDAY ... SCOTT BESSENT: Thanks to @POTUS, the world has been coming to the US, and China has been the missing piece—we will meet on Saturday and Sunday to discuss our shared interests. The current tariffs and trade barriers are unsustainable, but we don’t want to decouple.
Bessent Signals Optimism as U.S./China Trade Talks Stall in Public
(NAFB.com) – Treasury Secretary Scott Bessent, in an interview with CNBC, expressed optimism that “substantial progress” in U.S./China trade negotiations could be achieved in the coming weeks. However, the overall status of talks remains uncertain, with public statements from both sides highlighting a lack of formal engagement and continued strategic posturing. Bessent placed responsibility for progress on Beijing, stating that China’s export-de…
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