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Trump on track to meet Xi in South Korea, Bessent says

US and Chinese officials maintain substantial communications to prevent tariff escalation as Trump and Xi prepare to meet at the APEC summit amid ongoing trade tensions.

  • U.S. stocks rose after President Trump and Treasury Secretary Scott Bessent discussed easing trade tensions with Chinese President Xi Jinping, amid fears of renewed tariffs.
  • Bessent mentioned that both leaders could still negotiate before Trump's deadline for proposed tariffs.
  • Xi's government responded that threatening tariffs is not the correct approach and called for dialogue to resolve issues.
  • China's Foreign Ministry criticized Trump's new tariffs as 'not the right way to engage' and emphasized the need for dialogue.
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  • 35% of the sources are Center, 35% of the sources lean Right
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Political Wire broke the news in New York, United States on Monday, October 13, 2025.
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