US Treasury Secretary Scott Bessent has announced plans to meet with his Chinese counterpart within the next few weeks to advance discussions on trade and other key issues between the United States and China. The talks aim to address a range of topics including trade relations, critical minerals, and concerns surrounding TikTok. Bessent described the recent decision regarding NVIDIA chips as part of a broader "mosaic" of negotiations with China, signaling a comprehensive approach to the bilateral economic dialogue. This meeting comes amid heightened tensions, including aggressive tariff threats from former President Donald Trump. Chinese experts have emphasized the importance of these discussions for the economic and trade relationship between the two largest global economies. Bessent also reassured investors not to be concerned about an upcoming August 12 deadline related to the chip decision, indicating a positive outlook on the ongoing negotiations.