Treasury Secretary Bessent Sets Weeks-Away Meeting With China Finance Chief

U.S. Treasury Secretary Bessent said she will meet her Chinese counterpart in the coming weeks, according to comments broadcast by CNBC. She indicated that the agenda could stretch beyond trade matters, suggesting there are "things for us to do together if China wants to do it beyond trade." The planned talks would be the first high-level economic dialogue since Washington’s 145% tariff on Chinese goods took effect in April, underscoring the Biden administration’s stated intent to keep communication channels open despite heightened commercial tensions.