Trump on track to meet Xi in South Korea, Bessent says
The US and China de-escalated trade tensions with ongoing talks and planned meeting despite Trump's 100% tariff threat on Chinese goods starting November 1, Treasury Secretary said.
- Treasury Secretary Scott Bessent expects President Donald Trump to meet Chinese President Xi Jinping this month, despite threats of new tariffs from Trump.
- Bessent noted that Trump and China had substantial communication over the weekend following Trump's tariff threats.
- Trump suggested the recent Chinese export controls might have originated from a lower-level official and expressed optimism about the meeting.
- Bessent criticized China's timing of export control announcements as highly inappropriate, stating that the U.S.-China relationship remains good despite tensions.
40 Articles
40 Articles
'I think we're going to be fine with China': Trump confirms meeting with Xi
US President Donald Trump said his proposed 100% tariff on goods from China would not be sustainable, but blamed Beijing for the latest impasse in trade talks that began with Chinese authorities...
Trump, Xi to meet as US-China trade tensions reignite
President Donald Trump and President Xi Jinping will meet later in October amid renewed trade strain following the United States’ threat to impose additional 100 percent tariffs on China. The American leader had explained that the new tax, effective early next month, was in retaliation for the Chinese government’s announcement of major expansion of rare earths export controls. In an interview with Fox Business Network on Monday, U.S. Treasury Se…
Trump already trying to walk back his new tariff threat with China: WSJ
President Donald Trump was ramping up another round of trade salvos with China, but now he appears to be looking for a way to back down and make nice, wrote the conservative Wall Street Journal editorial board — and the feeling looks mutual."After threatening additional 100% tariffs on Chinese imports starting Nov. 1, Trump in recent days spoke with senior officials, including Treasury Secretary Scott Bessent, about sending a message to the worl…
Bessent says Trump will meet Xi for talks in S. Korea
WASHINGTON — U.S. President Donald Trump will meet Chinese President Xi Jinping for talks in South Korea, Treasury Secretary Scott Bessent said Monday, days after Trump threatened to cancel the meeting, criticizing China's move to impose export controls on rare earths. Bessent made the remarks in a Fox Business interview as Trump plans to visit South Korea later this month. Korea is set to host the Asia-Pacific Economic Cooperation (APEC) summit…
Treasury Secretary Bessent says Trump-Xi meeting still on
United States Treasury Secretary Scott Bessent anticipates a meeting between President Donald Trump and Party Chair Xi Jinping in South Korea. This comes amid China's new rare earths export controls. Bessent stated that all options remain open for retaliation against this move. He believes substantial communication has occurred and expects global support from allies.
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