US and Chinese trade teams to meet again in 2 to 3 months, Trump’s Treasury chief says
Scott Bessent added that China’s Xi Jinping had invited the US president to a meeting, but Trump had not accepted yet
US trade officials will meet again with their Chinese counterparts within the next two or three months to discuss the future of the economic relationship between the two countries, Treasury Secretary Scott Bessent said on Tuesday.
The comments come a day after the trading partners extended a tariff truce for another 90 days, staving off triple-digit duties on each other’s goods.
In an interview on Fox Business Network’s Kudlow, Bessent also said Chinese President Xi Jinping had invited Trump to a meeting, but one had not been scheduled.
“There’s no date,” Bessent said. “The president hasn’t accepted yet.”
Trump told CNBC earlier this month that the US and China were getting very close to a trade agreement and he would meet Xi before the end of the year if a deal was struck.
Bessent also said on Fox Business that the US will need to see “months, if not quarters, if not a year” of progress on fentanyl flows before it considers reducing tariffs on China.