Treasury Secretary Scott Bessent expressed concerns regarding the stalled trade negotiations with China during a Fox News interview. Despite earlier optimism by President Trump, recent legal developments have complicated the trade landscape. A U.S. Court ruling deemed tariffs on Chinese imports invalid, although an appeals court has temporarily paused that ruling. Bessent indicated that further talks with Chinese officials are expected soon, potentially including direct communication between Trump and Chinese leader Xi. The complexity of the negotiations suggests continued engagement at high leadership levels will be necessary for progress.
I would say that they are, uh, a bit stalled. I believe that we will be having more talks with them in the next few weeks.
The magnitude of the talks, given the complexity, that this is going to require both leaders to weigh in with each other.
The tariffs on most imports, including those on most Chinese goods, are invalid; however, an appeals court paused the ruling, pending arguments.
There was a time when the president thought that it was moving forward pretty significantly.
Collection
[
|
...
]