Afghanistan, May 30 -- US Treasury Secretary Scott Bessant announced that trade talks with China have stalled, requiring direct intervention from Presidents Trump and Xi.
U.S. Treasury Secretary Scott Bessant announced that trade negotiations between Washington and Beijing have stalled, signaling the need for direct intervention from Presidents Donald Trump and Xi Jinping to finalize an agreement. Speaking in an interview on May 29, Bessant said progress has been limited despite a temporary 90-day truce in the ongoing tariff conflict between the world's two largest economies.
Bessant emphasized that the complexity of the issues requires direct dialogue between the two leaders, anticipating a future phone call between Trump and Xi to push ...