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Benzinga
Benzinga
Business
Kaustubh Bagalkote

Treasury Secretary Scott Bessent Plans China Talks Amid Trump's Escalating Tariff Push

Scott Bessent Donald Trump United States China
Scott Bessent

U.S. Treasury Secretary Scott Bessent announced plans to meet with his Chinese counterpart in the coming weeks to advance trade discussions between the world’s two largest economies, amid escalating tariff threats from President Donald Trump.

What Happened: “I’m going to be meeting with my Chinese counterpart at sometime in the next couple of weeks,” Bessent said in a CNBC interview on Monday. “We had good meetings in Geneva, in London. We both approached it with great respect.”

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