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    US-China Trade Talks Stalled: Bessent Hints at Trump-Xi Phone Call

    Trade Talks Between US and China Hit a Snag, Bessent Says Washington, D.C. – Trade negotiations between the United States and China have experienced a setback, according to a recent statement by US Treasury Secretary Scott Bessent. In a brief video clip, Bessent described the current state of the talks as "somewhat stalled." However, he remained optimistic, suggesting that additional discussions are planned within the next few weeks. Furthermore, he hinted at the possibility of a direct phone call between President Trump and Chinese Party Chairman Xi Jinping in the near future. Bessent's comments indicate that while progress has been slow, both sides remain engaged in the process. The potential for a high-level phone call suggests an attempt to break the deadlock and achieve a resolution. The precise details of the current impasse remain unclear. However, Bessent's statement underscores the ongoing complexities and challenges inherent in these crucial trade negotiations. The coming weeks will be critical in determining the future trajectory of US-China trade relations.

    2 months ago
    FI
    Washington, D.C.
    news summary
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