Major Chinese Aircraft Orders Set to Boost U.S.-China Trade
U.S. Treasury Secretary Scott Bessent anticipates announcements of significant Chinese orders for Boeing aircraft during President Trump's visit to Beijing. Bessent mentioned discussions on additional purchases, including energy and agricultural goods, and potential Chinese investments in non-strategic areas of the U.S. economy.
- Country:
- United States
In a significant development, U.S. Treasury Secretary Scott Bessent revealed on Thursday that large orders for Boeing aircraft from China are expected to be announced during President Donald Trump's ongoing visit to Beijing.
The Secretary, in an interview with CNBC, highlighted that discussions between the U.S. and China will also focus on additional purchases by China. These purchases include energy and agricultural goods, reflecting a broader spectrum of trade considerations between the two economic giants.
Furthermore, Bessent emphasized that conversations will extend to identifying non-strategic, non-sensitive areas where China could potentially invest within the United States, fostering stronger economic ties and reducing trade tensions.
(With inputs from agencies.)
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