After a “constructive” round of talks ahead of an Aug. 12 deadline, Treasury Secretary Scott Bessent said, “Nothing is agreed until we speak with President Trump.”
Jamieson Greer, left, the U.S. trade representative, and Treasury Secretary Scott Bessent met for trade talks in May with He Lifeng, China’s vice premier for economic policy, in Geneva. The delegations will meet again this week in Sweden.
The Trump administration has dialed back aggressive measures against China and reversed its position on technology controls as the president angles for a Chinese trip later this year.
Treasury Secretary Scott Bessent, left, and Jamieson Greer, the U.S. trade representative, second from right, meeting with Chinese officials in Geneva in May.
The Trump administration has dialed back aggressive measures against China and reversed its position on technology controls as the president angles for a Chinese trip later this year.
Treasury Secretary Scott Bessent, left, and Jamieson Greer, the U.S. trade representative, second from right, meeting with Chinese officials in Geneva in May.
The European Union is racing to clinch an agreement with the Americans before tariffs kick in on Aug. 1, even as President Trump has signaled he is in no rush.