Trump and Treasury Secretary Discuss 'Very Good' Meeting with China
President Trump mentioned a positive meeting between U.S. Treasury Secretary Scott Bessent and Chinese officials in Sweden, discussing a potential extension of the 90-day tariff truce amid the ongoing trade war. No significant breakthroughs were reported, leaving the decision on extending the truce to Trump.
The U.S.-China trade dialogue sees a positive development as President Donald Trump comments on a fruitful meeting between Treasury Secretary Scott Bessent and Chinese officials in Sweden.
This meeting, part of an effort to deescalate a major trade war, yielded no significant breakthroughs but led to talks about extending the current 90-day tariff pause. Trump expressed optimism, contrasting Bessent's positive outlook with prior uncertainty.
Discussions regarding trade agreements with India remain unresolved, with Trump pointing out India's high tariffs compared to other nations. The decision to extend the tariff truce lies with Trump, as officials debated the prospect of tariffs rising again.
(With inputs from agencies.)
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