Reported 3 days ago
US Treasury Secretary Scott Bessent is set to meet with Chinese officials to discuss trade negotiations, following the recent UK trade deal announced by President Trump. Analyses suggest that while there may be some positive developments from the discussions, substantial agreements with China will take time. Observers believe the US is in a vulnerable position, needing a deal more urgently due to high tariffs impacting inflation and supply chains, emphasizing the importance of de-escalation in US-China trade relations.
Source: YAHOO