Treasury Secretary Bessent, “In the coming weeks,” he said to meet with China again

Treasury Secretary Scott Bessent said he was waiting to meet with Chinese officials again in the coming weeks to continue trade talks on Monday.

“We will meet again in the next few weeks to conclude a more fulsey agreement in several weeks,” he said, “he said in CNBC”Square box“

According to Bessent, the exact details of the meeting as a place, identified, but then there is a “mechanism” for negotiations.

Comments announced one in the United States and China 90-day break The countries about the majority of tariffs were applied to each other, Bessent, US trade representative Jamieson Greer and Chinese officials in Switzerland after the weekend after the meeting.

“Those related to our Chinese are a mechanism to prevent upper tariff pressure,” Monday.

Under the 90-day break, both countries increased by 115 percent to 10% to 10% of the initial tariff speed. 20% of the United States remains in the area related to Fentanyl, so the majority of Chinese belongings are 30% before the rate of 30%, previously low.

Bessent said the meeting was “a very long and deep side panel, associated with Fentanyl among two officials.”

“I think that we saw here in Geneva that the Chinese are still serious to help us to stop the flow of drugs given to us.”

Global stock markets have been announced on Monday, tariff break, and US capital futures pointed to a jump when the market is opened in New York.