Bessent Says US–China Tariff Talks ‘a Bit Stalled’

Treasury Secretary Scott Bessent said Thursday that trade negotiations between U.S. and Chinese officials are lagging and may require intervention from both countries’ leaders.
Bessent told Fox News that U.S.–China trade talks have been “a bit stalled” and that he expects to hold further discussions with Chinese officials in the coming weeks.
The two nations previously agreed on May 12 to temporarily pause their trade measures on one another, halting reciprocal tariffs for 90 days pending negotiations.
“I think that given the magnitude of the talks, given the complexity, that this is going to require both leaders to weigh in with each other,” Bessent said…. 

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