#TrumpTaxCuts
The US treasury secretary, Scott Bessent, said “there is a path” to an agreement with China over tariffs after he had interactions with his Chinese counterparts last week in Washington.
“I had interaction with my Chinese counterparts, but it was more on the traditional things like financial stability, global economic early warnings,” Bessent told ABC News’s This Week on Sunday, explaining that he had spoken to the Chinese during International Monetary Fund meetings in Washington. “I don’t know if President Trump has spoken with President Xi,” he added.
On Friday, Donald Trump asserted in an interview that tariff negotiations were under way with China, comments he repeated on his way to Rome to attend the funeral of Pope Francis, but were later denied by China’s foreign ministry, which said the US “should stop creating confusion”.