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US says trade row with China could ease after Trump-Xi talks

Cover Image for US says trade row with China could ease after Trump-Xi talks

Treasury secretary Scott Bessent expects a conversation soon between the leaders of the world’s two largest economies.

WASHINGTON: A logjam in the trade talks between the US and China could be broken once Presidents Donald Trump and Xi Jinping speak, US officials said Sunday – a conversation they said could happen soon.

Trump on Friday accused Beijing of violating a deal reached last month in Geneva to temporarily lower staggeringly high tariffs the world’s two biggest economies had imposed on each other, in a pause to last 90 days.

China’s slow-walking on export licence approvals for rare earths and other elements needed to make cars and chips have fuelled US frustration, The Wall Street Journal reported Friday – a concern since confirmed by US officials.

Tags:China export delaysChina trade roweconomic diplomacyrare earth exportssteel tariffstariff disputetariff rollbacktrade negotiationstrade-war truceTrump Xi talks


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