Bessent says US is not rushing to extend China trade truce
Treasury Secretary Scott Bessent says the U.S. is not rushing to renew a trade truce with China. He expects further talks before the planned September summit.
Xurve View
Xurve View
United States Treasury Secretary Scott Bessent said the administration will not rush to extend a trade truce with China expiring in November. The agreement covers critical minerals and tariff exemptions established under previous trade negotiations. Investors face prolonged uncertainty regarding Section 301 duties as bilateral talks shift toward a September presidential summit.