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Market Chatter: Trump, Xi Likely Needed to Revive Stalled US-China Trade Talks
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Market Chatter: Trump, Xi Likely Needed to Revive Stalled US-China Trade Talks
May 30, 2025 5:22 AM

08:04 AM EDT, 05/30/2025 (MT Newswires) -- Trade discussions with China have slowed and may require direct talks between President Donald Trump and Chinese President Xi Jinping, Fox News reported Thursday, citing an interview with US Treasury Secretary Scott Bessent.

The breakthrough agreement two weeks ago paused tariff escalation for 90 days but left core trade issues unresolved, Bessent told Fox News.

He expects renewed discussions in the coming weeks and emphasized that progress depends on both leaders stepping in.

Bessent added in the interview with the news outlet that other trade negotiations, including with Japan and the EU, are ongoing and unaffected by the recent trade court ruling.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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