President Trump and Chinese leader Xi Jinping may need to hold a phone call to overcome stumbling blocks in trade negotiations, Treasury Secretary Scott Bessent said Thursday.
The big picture: Bessent helped the U.S. strike a deal with China following a summit in Switzerland earlier this month that saw the world's two largest economies agree to slash tariffs for 90 days.
Officials in China welcomed the U.S. Court of International Trade's blocking most of Trump's sweeping tariffs on Wednesday, which a federal appeals court temporarily stayed a day later.
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Bessent: U.S.-China trade talks "a bit stalled"
- by: Rebecca Falconer
- 2025-05-30
- Source:
axios
- 05/30/2025
