Physical Address

304 North Cardinal St.
Dorchester Center, MA 02124

US-China is “stalled” and needs Trump and XI, Lessent said they want


The US and Chinese flags are seen on the Day of Bilateral Meeting between the United States and China, Geneva, May 10, 2025.

Keystone / Eda / Martial Trezzini | Through Reuters

Beijing – US-China trade talks “stopped” a bit “demanding direct leaders of the two countries,” Treasury Secretary Scott Bessent Fox told the news In an interview with local time on Thursday.

“I believe we will negotiate with them in the next few weeks,” he said, “he said,” he will be a call between the leaders of the two countries. “

After a fast escalation in trade tensions last month, Bessent helped to reach the two largest economies in the world Progress agreement On May 12 in Switzerland. Countries agreed Increases the last tariff over 100% 90 days or until mid-August. There were diplomatic officials on both sides Call late last week.

Still pushed the United States ahead Technical restrictions In Beijing, the tank, China, in rare places to significantly facilitate the limits, Contrary to Washington’s expectations.

“I think Given the greatness of the talks, given the complexity, it needs both leaders with each other,” he said. “They have very good relations and I am sure that the Chinese will come to the table when the President (Donald) is known.”

Trump and China President Xi Jinping, the last time in January, the US president sworn in for the second term. Although Trump has been in recent weeks He said he wanted to talk to the XIAnalysts have only confidence in China that there will be no surprise from the United States during the call.

Reconciliation in the Chinese-US trade problem

China has communicated with the United States since the agreement in Switzerland.

Only as the chip export control, China calls us to immediately correct us … and preserved consensus in high-ranking talks in Geneva. “

This is due to the translation of a CNBC’s Manddar’s language.

When the Chinese want to delay the rare lands, the export controls announced in early April did not respond directly. Restrictions on both military and civilian use reflect international experience, as well as the position of China’s “peace and regional stability of China”.

Weekly analysis and concepts of the largest economy in Asia in the Inbox
Subscribe now

This week, the Trump management also announced To cancel visas for Chinese students.

“The decision of the United States to cancel Azerbaijani student visas is completely unfounded,” the Chinese Foreign Ministry spokesman Mao Ning, official English transcription Thursday. “It uses ideology and national security as an excuse.”



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *