After a “constructive” round of talks ahead of an Aug. 12 deadline, Treasury Secretary Scott Bessent said, “Nothing is agreed until we speak with President Trump.”
Tag: Bessent, Scott
U.S. and China Meet as Trade Truce Nears Expiration
Top American and Chinese officials are meeting for two days of talks in Stockholm as the Trump administration tries to complete trade deals.
As Trump Courts a More Assertive Beijing, China Hawks Are Losing Out
The Trump administration has dialed back aggressive measures against China and reversed its position on technology controls as the president angles for a Chinese trip later this year.
Trump Revives Trade War, Threatening Steep Aug. 1 Tariffs on Allies
President Trump said Japan and South Korea would face tariffs of 25 percent unless they reached an agreement with the United States. Other countries received notice of higher levies.
Trump Tells Japan and South Korea Their Tariff Rate: 25%
The tariffs on some of America’s closest allies would go into effect Aug. 1, unless the countries reach some kind of trade agreement with the United States.
Trump Says Trade Deal With China ‘Is Done,’ but Offers Few Details
Two days of talks resulted in a “framework” meant to solidify terms of a deal that the superpowers reached in Geneva last month.
Trump Administration Holds Trade Talks With China as Fight Over Rare Earths Escalates
Officials from the world’s largest economies will try to strike a deal Tuesday to relax painful export restrictions that they have imposed on each other.
Xi to Trump: Rein in the Hawks Trying to Derail the Tariff Truce
China sought to depict a call between Xi Jinping and President Trump as an appeal from one strongman leader to another to run a tight ship and stay on course.
China Rejects Trump’s Accusation That It Violated Trade Truce
In response to President Trump’s claim, China said the United States was the one introducing a series of “discriminatory restrictive measures.”
Trump Accuses China of Violating Trade Agreement
President Trump said that Beijing was not honoring the terms of a temporary agreement and warned of further confrontation.