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.
27 Articles
27 Articles
Bessent: Trump, Xi could meet four times this year – and that should preserve ‘equilibrium’
Up to four meetings between the leaders of China and the U.S. in 2026 should help preserve a newfound “equilibrium” between the two countries, Treasury Secretary Scott Bessent said on Thursday. Speaking on a Politico podcast at the World Economic Forum annual meeting in Davos, Switzerland, Bessent noted that President Trump will head to China in April and said three other meetings between the two leaders were likely this year. Xi, he said, is li…
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Trump to visit China in April; Xi to travel US at year-end as Bessent forecasts 4 meetings in 2026
President Donald Trump announced plans to visit China in April, with Chinese President Xi Jinping expected in the U.S. by late 2026. This follows Treasury Secretary Scott Bessent's suggestion of up to four meetings between the leaders this year, noting improved U.S.-China ties and increased soybean purchases.
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