Bessent calls for more balanced trade with China ahead of Trump-Xi talks
Summary
Treasury Secretary Scott Bessent said the United States and China should have a more balanced trading relationship. His remarks came after President Donald Trump said he expects to meet Chinese President Xi Jinping later this month.Key Facts
- Bessent spoke Tuesday.
- Bessent called for more balanced trade between the United States and China.
- Trump said he expects to meet Xi later this month.
- Bessent said the U.S. trade imbalance with China has long been a source of friction.
- Bessent made the remarks at an event hosted by the National Committee on U.S.-China Relations.
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