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US Foreign Policy · United StatesTreasury Secretary Scott Bessent said Sunday that the U.S. and China will likely avoid 100 percent American tariffs on Chinese good after negotiators settled on a plan for a possible trade agreement. Bessent told NBC News’ Kristen Welker that “after two days of negotiations” with Chinese International Trade Representative Li Chenggang in Malaysia, a “framework” of a deal has been reached. President Trump and Chinese President Xi Jinping are expected to meet in South Korea on Thursday, capping off the former’s five-day trip to Asia.See the Story
US, China reach ‘framework’ of trade deal, Bessent says
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