Treasury Secretary Scott Bessent said that he’s reached a “substantial framework” for trade talks between the U.S. and China.
US and China agree framework of trade deal ahead of Trump-Xi meeting
The US and China have agreed the framework of a potential trade deal that will be discussed when their respective leaders meet later this week, the US trade secretary has said. Scott Bessent told the …
U.S. and China agree trade deal ‘framework,’ Treasury secretary says
Bessent said Trump would likely visit Xi in Beijing early next year ahead of the Lunar New Year, and a meeting in Washington would likely happen ahead of Xi’s trip to the U.S.
US and China agree on trade framework ahead of leaders’ meeting
KUALA LUMPUR, Oct 26 (Reuters) – The second day of trade talks between the U.S. and China was paving the way for a “productive meeting” between President Donald Trump and President Xi Jinping, …
China’s newest aircraft carrier not as capable as 50-year-old US ship in one key respect, former US officers say
China’s newest aircraft carrier may only be able to conduct air operations at about 60% the rate of a 50-year-old US Navy carrier, two former US carrier officers say, a substantial combat limitation …
‘Framework’ in place for substantial trade deal with China, Scott Bessent says
“I believe that we have the framework for the two leaders to have a very productive meeting for both sides,” the Treasury secretary said.
China’s secret stockpiles have been a great success—so far
China’s craze for crude is part of a grander plan. Since early 2024, when it became clear that President Donald Trump might return to the White House, officials have stockpiled fuel, food and metals …
China to firmly promote high-level opening-up, continuously optimize business environment, says Premier Li
SINGAPORE – Chinese Premier Li Qiang said on Sunday that China will firmly promote high-level opening-up, further ease market access, continuously optimize business environment and actively address …
China’s rare earth limits may have ‘gone too far this time’ as trade talks start while U.S. gathers support amid global backlash
“Yet Xi’s latest trade war tactic may be tipping the geostrategic balance back toward the US as companies around the world think better of doing business in China generally.” …
U.S. and China likely to avoid new 100% tariff, Treasury secretary says
Bessent said Trump would likely visit Xi in Beijing early next year ahead of the Lunar New Year, and a meeting in Washington would likely happen ahead of Xi’s trip to the U.S.