China, undermining trade agreement
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Treasury Secretary Scott Bessent said he believes President Trump and Chinese President Xi Jinping will speak soon, after Mr. Trump said China violated its trade agreement with the U.S.
President Donald Trump and Chinese President Xi Jinping will speak soon to iron out trade issues including a dispute over critical minerals.
President Donald Trump and Chinese leader Xi Jinping will likely speak this week, White House Press Secretary Karoline Leavitt said on Monday, days after Trump accused China of violating an agreement to roll back tariffs and trade restrictions.
China's allegations come after President Trump on Friday accused the Chinese of violating a May 12 trade pact.
Bitcoin ticks up as Trump, Xi prepare for trade talks on critical minerals, Bessent slams China’s supply chain tactics.
Treasury Secretary Scott Bessent said trade talks between China and the U.S. have stalled and a direct call between the two countries' presidents may be needed to close a deal, adding to the uncertainty around tariffs as U.