US Treasury Secretary Bessent and Trade Rep Greer Optimistic on Near-Term China Deal Amid Rare Earth Talks and Trade Truce Deadline

U.S. Treasury Secretary Bessent expressed optimism about the progress of trade negotiations with China, stating that the two countries have the makings of a deal that would benefit both parties. Following recent talks in Stockholm, Bessent highlighted the potential for a near-term agreement. U.S. Trade Representative Jamieson Greer also conveyed cautious optimism regarding discussions on rare earth mineral flows, noting that the negotiations are about halfway to resolution. Greer indicated that the trade truce deadline with China remains under discussion as both sides work to stabilize economic ties. These developments suggest a positive trajectory in U.S.-China trade relations amid ongoing efforts to address key issues such as rare earth minerals.