A delegation from the US Treasury Department is gearing up for a trip to China, where they will engage in discussions with their Chinese counterparts about subsidies and economic policies that have been a concern for the United States.
The trip comes amid growing tensions between the two superpowers, with trade and economic issues at the forefront of their strained relationship. The delegation's goal is to address the issue of subsidies, which the US claims distorts international trade and puts American companies at a disadvantage.