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The Gatestone Institute discusses the Potential Donald Trump-Xi Jinping meeting on the Potential Donald Chang, Potential Donald Trump-Xi Jinping, Joint Militian and Vietnamese, China and Vietnamese, Joint Military Training and Chinese buyers.
Secretary of the Treasury Scott bet On Monday, China’s dependence on Iran and Russia is the main problem in the upcoming trade talks between the two largest economies around the world.
In spite of US sanctionsBeijing is the highest importer of Iranian oil and the second largest importer of Russian oil.
Tariff revenues hits the record heights of 100b to date
Washington has been using funds from Tehran and Moscow from oil exports to finance funds from oil exports to finance other stable actions in the world.
Russian President Vladimir Putin, along with Sight, Chinese President Xi Jinping, in Moscow on May 8, 2025 in the Grand Kremlin Palace. (Contributor / Getty Images / Getty Images)
Bessent, in an interview with CNBC, said that the Trump management will come out of China oil trade “In the very close future” in trade talks.
He did not provide additional information about when and where these discussions will happen. Bessent led the trade talks with China in Geneva and in Geneva in London and a month later.
President Donald Trump This year he raised tariffs for all Chinese goods several times, and the highest task in April reached 145%. Most in China’s imports, the United States is 30% in the United States. Meanwhile, American items were imported By the Chinese Face 10% of the task.
Division of countries facing Trump’s tariffs
“I think trade is in a good place,” he said, the leadership is now aimed at other people’s relations.
Russian and in addition and Iranian Oil imports, Bessent, said that the United States wants to curb China as the world’s production capacity.
US Treasury Secretary Scott Bessent, US-China Trade Deal was reported signed, ‘Setting up schedule and president’ for future tariff talks
“And he could also discuss this great balancing ore in this great re-balancing. There are 30% of the world’s production and it could not be larger,” he said.
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Previously, the mass export economy to China and called on to increase its participation as a global trade partner. This will give us an opportunity to increase the production sector.
