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US-China tariff talks 'a bit stalled', need Trump, Xi input: Bessent
The Straits Times
|May 31, 2025
US trade talks with China are "a bit stalled", and getting a deal over the finish line will likely need the direct involvement of President Donald Trump and Chinese President Xi Jinping, US Treasury Secretary Scott Bessent said on May 29.
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WASHINGTON - US trade talks with China are "a bit stalled", and getting a deal over the finish line will likely need the direct involvement of President Donald Trump and Chinese President Xi Jinping, US Treasury Secretary Scott Bessent said on May 29.
Two weeks after breakthrough negotiations led by Mr. Bessent that resulted in a temporary truce in the trade war between the world's two biggest economies, Mr. Bessent told Fox News that progress since then has been slow, but said he expects more talks in the next few weeks.
"I believe we may at some point have a call between the President and party chair Xi," Mr. Bessent said.
This story is from the May 31, 2025 edition of The Straits Times.
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