US EditionTrump, Xi likely to discuss trade soon: Bessent
- The leaders of the United States and China are anticipated to have a discussion shortly to resolve the current trade disagreements between the two nations.
- This upcoming call comes after a 90-day trade agreement was negotiated in Geneva last month, aiming to temporarily ease tariffs amid concerns that China has been delaying export license approvals.
- US officials, including Treasury Secretary Scott Bessent and White House adviser Kevin Hassett, have confirmed frustrations due to withheld critical minerals necessary for manufacturing.
- Bessent expressed optimism that an upcoming conversation between President Trump and China's Party Chairman Xi will resolve the ongoing issues, and he anticipates this discussion will happen in the near future.
- A successful conversation could break the current trade deadlock and advance negotiations, though no exact date for the call has yet been set by either side.
118 Articles
118 Articles
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.
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Kyle Chan on What We Need to Know About China’s Industrial Policy - The Wire China
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Bessent ‘confident’ U.S.-China trade details ‘will be ironed out’ when Trump, Xi talk
Watch Video: Scott Bessent “confident” U.S.-China trade details “will be ironed out” when Trump, Xi talk Washington — Treasury Secretary Scott Bessent said Sunday that he’s “confident” a U.S.-China trade dispute “will be ironed out” when President Trump and Chinese President Xi Jinping have a conversation, after Mr. Trump said China was violating its trade agreement with the U.S. late last week. Of a call between the two leaders, “I believe we’l…
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