U.S Treasury Secretary Sets meeting with Chinese Vice Premier Next Week

Scott Bessent, The United States Treasury Secretary said that he expects to meet He Lifeng, the Chinese Vice Premier in Malaysia next week to pre-empt an escalation of U.S Tariffs on Chinese goods. The announcement was made by Bessent after a call with He Lifeng. Bessent said on social media that they both “engaged in frank and detailed discussions regarding trade between the United States and China”.