US EditionTrump, Xi likely to discuss trade soon: Bessent
- Leaders of the United States and China are anticipated to hold a conversation in the near future to resolve the ongoing deadlock in trade discussions between the two nations.
- The upcoming follow-up call is intended to address tensions stemming from Trump's recent allegation that China has breached the Geneva agreement made last month, which involved a temporary 90-day reduction in tariffs.
- The dispute revolves around China’s delayed authorization of export permits for minerals and materials vital to manufacturing automobiles and semiconductors, a situation that has aggravated US officials.
- Treasury Secretary Scott Bessent expressed optimism that a forthcoming conversation between President Trump and China's Party Chairman Xi Jinping would resolve current issues, with such discussions anticipated to occur in the near future.
- The upcoming call could break the trade deadlock, suggesting progress after a temporary de-escalation and tariff reductions earlier this year.
119 Articles
119 Articles
Trump's Trade War with China Risks Sending Production To China - emptywheel
I may be alone in this opinion, but Scott Bessent’s response to Bret Baier’s question about how trade negotiations with China are going looked like a hostage video. Bessent’s description that talks with China were “a bit stalled” has gotten a lot of attention, but not his robotic cadence and stuttering, a real shift from his fluid flow of bullshit before that, leading up to his hint of a call with Party … Chair … Xi. Bessent: I, I, I would say t…
US Treasury Secretary Scott Bessant told CBS's Face the Nation program on Sunday that Trump and Xi Jinping would soon hold talks to resolve trade disputes, including disagreements over China's limits on export of critical minerals and select minerals.
Washington. U.S. Treasury Secretary Scott Bessent said he expected President Donald Trump and his Chinese counterpart Xi Jinping to speak soon to smooth trade roughs, including a dispute over critical minerals.
Relax, Korean pundits: It's not happening
Since Donald Trump returned to the White House in January, there have been several theories about Korean affairs. Some of the most notable stories are the threat of reciprocal tariffs on Korean imports, the evacuation of a sizable portion (about 4,500 soldiers) of the 28,500-strong U.S. forces here and the possibility of resuming summits with North Korean leader Kim Jong-un. They simply will not occur, and will stay “a story being a story” at be…
Kyle Chan on What We Need to Know About China’s Industrial Policy - The Wire China
The researcher talks about the state of the trade war, how the U.S. and others should deal with China’s growing dominance in several advanced industries, and the economic weaknesses Beijing still needs to address. The post Kyle Chan on What We Need to Know About China’s Industrial Policy appeared first on The Wire China.
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