Bessent Says US–China Tariff Talks ‘a Bit Stalled’

Treasury Secretary Scott Bessent said that Trump and Chinese leader Xi Jinping are expected to speak ‘at some point.’

U.S. Secretary of the Treasury Scott Bessent speaks with Chinese Vice Minister of Finance Liao Min, on the day of a bilateral meeting between the United States and China, in Geneva, Switzerland, on May 11, 2025. Martial Trezzini/Reuters

Treasury Secretary Scott Bessent said Thursday that trade negotiations between U.S. and Chinese officials are lagging and may require intervention from both countries’ leaders.

Bessent told Fox News that U.S.–China trade talks have been “a bit stalled” and that he expects to hold further discussions with Chinese officials in the coming weeks.