Thursday, May 29, 2025, 9:22 pm
Top U.S. Treasury officials say that U.S.–China trade negotiations are stalling and insist that a direct call between President Trump and Xi Jinping is needed to break the deadlock amid complex economic disputes.
USTR Greer said China was supposed to roll back critical mineral export bans after the Geneva agreement but hasn't done so fully.
The U.S. State Department does not confirm if agreement on minerals will be extended.
US Trade Representative Jamieson Greer on Friday said the White House has "been very focused on monitoring Chinese compliance, or in this case, noncompliance, with the agreement."
“I think that, given the magnitude of the talks, given the complexity – this is going to require both leaders to weigh in with each other,” Bessent said.
The U.S. and China in mid-May agreed to a 90-day suspension on most tariffs after Trump slapped sky-high tariffs on the big U.S. trade partner.
U.S.-China trade talks are "a bit stalled," requiring the two countries' leaders to speak directly, Treasury Secretary Scott Bessent told Fox News.
President Trump on Friday blasted China and accused it of violating the trade truce the two countries signed earlier this month.Why it matters: Just as courts hollow out Trump's tariff campaign, he's re-escalating on other fronts.Catch up quick: On May 12 the U.S. and China, following talks in…
Treasury Secretary Scott Bessent said Thursday President Trump and Chinese leader Xi Jinping may need to hold a phone call to overcome stumbling blocks in trade negotiations.The big picture: Bessant helped the U.S. strike a deal with China following a summit in Switzerland earlier this month that…
President Trump said on Friday that China is violating the "fast deal" it made with the nation to pare back tariffs during negotiations.
Trump Says China Violated Its Trade Agreement With US Bloomberg.com
Bessent Says a Trump-Xi Call Could Help as Talks ‘a Bit Stalled’ Bloomberg
Trump administration took action against China due to frustration on trade talks, officials say CNN
China snubs Asia’s largest defense forum as tensions with US simmer CNN
permalink / 13 stories from sources in 43 hours ago #trump #trade #china #xi
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