US Treasury secretary Scott Bessent has said that Donald Trump and Xi Jinping still plan to meet this month despite a recent flare-up in trade tensions between the world’s two biggest economies.
“I believe that meeting will still be on,” Bessent told Fox Business on Monday, referring to a planned summit at the Asia-Pacific Economic Cooperation forum in South Korea.
Bessent’s comments mark a turnaround from a social media post from Trump on Friday in which the US president lashed out at China’s imposition of sweeping restrictions on the export of rare earths and critical minerals.
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