Politics
Bessent demurs on Trumps complaint for commercial talks with Chinas XI
The secretary of the Treasury, Scott Bessent, said on Sunday that he did not know if President Trump had spoken to President Xi Jinping in China, casting a doubt about Mr. Trump's recent suggestion that Mr. XI had called him.
The comments of Mr. Bessents, made on ABCS this week, come while the United States and China are locked in a trade war that destabilizes the world economy and is wink. The secretary tried to relieve concerns about trade tensions with China and other countries, insisting that the administration was in talks with various nations and recognizing that the prices he imposed on Chinese goods were not lasting.
But it seems that communication with China has been minimal.
I don’t know if President Trump spoke with President XI, Bessent said when he was in a hurry by the host, Martha Raddatz, Trumps' statements that the two leaders had spoken of trade. I know they have a very good relationship and a lot of respect for each other.
The secretary of the Treasury is traditionally the American official who leads economic talks between the United States and China and should know if Mr. Trump and Mr. Xi had hired such discussions.
In An interview over time Last week, Trump said that Mr. Xi called him, although he refused to say when, and said his team was in active talks with China for a trade agreement.
Asked about the interview outside the White House on Friday, the president reiterated that he had spoke to the Chinese president several times, but he refused to answer when he was scored if a call had occurred after having imposed prices this month.
Beijing denied that talks were underway. China and the United States have not organized consultations or negotiations on the issue of prices, said on Friday at a press conference. The United States should not confuse the public.
Mr. Bessent said in the interview he had interacted with his Chinese counterparts last week on Sunday during the spring meetings of the International Monetary Fund and the World Bank, but suggested that conversations were more on traditional things such as financial stability, global economic warnings.
Addressing journalists on the sidelines of these meetings last week, Mr. Bessent rejected speculations that Mr. Trump planned to unilaterally reduce the prices he imposed on China before any negotiation with Mr. XI. Mr. Bessent stressed that any movement to defuse trade tensions must be mutual.
I don't think the two parties believe that the current rate levels are durable, he said at the time. The secretary added that this is the equivalent of an embargo, and a break between the two countries on trade is not suitable for anyone.
The American prices on China have already started to bite American importers. The pain should intensify this week when a fault that allows retailers to send clothes and other products from China directly to American buyers without paying exhaled rates on Friday.
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Sources 2/ https://www.nytimes.com/2025/04/27/us/politics/bessent-trump-xi-tariffs.html The mention sources can contact us to remove/changing this article |
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