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Treasury Secretary Says U.S.–China Tensions Have Eased as Multiple Trump–Xi Meetings Planned

Treasury Secretary Scott Bessent said China completed large soybean purchases supporting U.S. farmers and up to four Trump–Xi meetings are planned to maintain trade stability.

  • In an interview on Thursday, Scott Bessent said U.S.-China trade relations operate in a `very good equilibrium` and Chinese President Xi Jinping and U.S. President Donald Trump could meet up to four times this year.
  • Bessent pointed to China’s completed soybean purchases last week as supporting U.S. farmers after he recently met Chinese Vice Premier He Lifeng, who reaffirmed Beijing’s commitment to the trade agreement negotiated by President Donald Trump and Chinese President Xi Jinping.
  • After early retaliation and steep tariffs, relations later eased as Scott Bessent said he helped broker the agreement that cooled tensions, despite flare-ups as recently as last fall.
  • President Donald Trump plans to travel to China in April and to host Chinese President Xi Jinping later this year, and Scott Bessent said the U.S. will `hold their feet to the fire` to maintain stability.
  • At Davos, attention centered on U.S. foreign policy moves including Greenland, as President Donald Trump announced Wednesday a framework deal with NATO’s leader on the Arctic, while Scott Bessent declined to confirm American ownership.
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Lean Right

After a period of tension between the United States and China, Trump says that "now the relationship is excellent" and that they maintain "a great relationship with Xi", describing it as a " Fantastic" and "incomprehensible".

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Right

The American president said he intends to have an extensive presence in his party's election campaign - "It has improved significantly," he stressed about his relationship with the Chinese president.

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Politico broke the news in on Thursday, January 22, 2026.
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