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SEC. Bessent Meets With Chinese Counterpart Ahead of Trump-Xi Summi

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“SEC. BESSENT MEETS WITH CHINESE COUNTERPART AHEAD OF TRUMP-XI SUMMI ”

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The U.S.-China tariff truce from May 2025 expires in ~90 days.

After Bessent and He Lifeng met in Geneva in May 2025, both sides agreed to a 90-day pause on most tariffs. That window closes around mid-August, making any Trump-Xi summit a potential turning point for global trade.

Bessent ran a top hedge fund before becoming Treasury Sec!

Scott Bessent founded Key Square Group & was chief investment officer at Soros Fund Management before Trump nominated him as Treasury Secretary. Learn more at Wikipedia

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