Bessent, China vice premier U.S. tariffs

Bessent, China vice premier U.S. tariffs

US Secretary of the Treasury Scott Bessent, left, speaks with Chinese Vice Premier He Lifeng, right, during a bilateral meeting between the United States and China, in Geneva, Switzerland, on Saturday, May 10, 2025. Keystone/eda/martial Trezzini | Via Reuters U.S. Treasury Secretary Scott Bessent said on Friday he expects to meet next week with Chinese…

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US, China set for new round of trade talks

US, China set for new round of trade talks

China and the United States have agreed to hold a new round of trade negotiations in the coming week, aiming to de-escalate tensions between the world’s two largest economies. The decision comes as both sides seek to prevent another round of retaliatory tariffs that could further strain global markets, News.Az reports, citing foreign media. Beijing…

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US stocks bounce back as Trump softens China trade tone | News

US stocks bounce back as Trump softens China trade tone | News

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Trump and Xi to meet in Korea amid eased trade tensions despite looming tariff threats

WASHINGTON (TNND) — Amid escalating tensions over trade disputes, Treasury Secretary Scott Bessent shared that President Donald Trump will still be meeting with Chinese President Xi Jinping before the end of month. Last Thursday, China announced greater restrictions on the export of its rare earth materials, leading Trump to announce he intended to slap a…

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