On Sunday, Treasury Secretary Scott Bessent revealed that he interacted with his Chinese counterpart this past week, a contact that comes as the United States and China are engaged in a trade war.
Beijing has denied there were trade talks with the United States, but President Donald Trump insisted to reporters that there were meetings with China.
On ABC’s “This Week,” Bessent told anchor Martha Raddatz, “This was IMF World Bank week in D.C., as you know, and I had interaction with my Chinese counterpart, but it was more on traditional things like financial stability, global economic early warnings.”
The United States has increased tariffs on China to 145% in bid to stop what the Trump administration says are unfair trade practices. China responded by raising tariffs on U.S. goods to 125%.
Trump indicated last week that tensions could be easing, saying the tariffs against China…
