Bessent sets stage for Xi visit in high-level China talk

Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer had a significant video call with China's vice premier to prepare for President Xi Jinping's upcoming September visit. This high-level discussion aims to pave the way for potential future trade agreements between the U.S. and China. With tensions around trade relations still high, these talks are crucial for setting a cooperative tone and exploring pathways to mitigate economic frictions. The detailed and lengthy nature of the call indicates a serious effort to address and resolve pending trade issues.