US Treasury Secretary Scott Bessent said Thursday trade negotiations with China were “a bit stalled” and suggested President Donald Trump and his Chinese counterpart Xi Jinping could get involved.
“I would say that they are a bit stalled,” Bessent told broadcaster Fox News when asked about trade talks with Beijing.
“I believe that we will be having more talks with them in the next few weeks, and I believe we may, at some point, have a call between the President and Party Chair Xi,” he added.
The world’s two biggest economies agreed this month to pause reciprocal tariffs for 90 days, a surprise de-escalation in their bitter trade war following talks between top officials in Geneva.