U.S. Treasury Secretary Scott Bessent said he discussed Beijing’s commitments on rare earth and American farm product purchases in a call with Chinese Vice Premier He Lifeng on July 30.
Bessent and U.S. Trade Representative Jamieson Greer joined the call ahead of the upcoming summit between U.S. President Donald Trump and Chinese Communist Party leader Xi Jinping.
The Treasury chief emphasized that Washington expects Beijing to “fully meet its commitments on rare earths and U.S. agricultural products,” Bessent said in a post on X.
He said that they also discussed the implementation of the boards for trade and investment, calling them a mechanism to “secure concrete progress toward a more balanced, fair, and constructive U.S.-China economic relationship.”…
Bessent Tells China to Fulfill Rare Earth, Farm Goods Commitment
