Bessent hails ‘productive’ US-China trade talks

(Image: Bloomberg)

Mon, 12 May 2025

By Brian Schwartz and LingLing WeiOfficials from the US and China wrapped up their weekend, high-stakes trade talks, with Beijing saying the two sides agreed to start a formal negotiation process and Washington touting progress toward a deal.Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer, who led the US delegation, told reporters that substantial progress was made during the marathon discussions with their Chinese counterparts, led by Chinese Vice Premier He Lifeng.The talks were “productive,” Bessent sa...

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