US Minister of Finance Scott Bessnt will encounter Chinese vice president Lifeng in Madrid to discuss trade issues, economic and national security in another sign that conversations between the two parties are warming up.
Discussions will also cover the status of tiktoku and efforts to fight money washing, according to a schedule published by the Ministry of Finance on Thursday.
Economic conversations come when Washington and Beijing were involved in a diplomatic reach this week and smoked the way for a potential meeting between Xi Jinping and Donald Trump.
The highest officials of defense and foreign policy from both sides held what the US characterized as “sincere and constructive” interviews. Given that XI and Trump are expected to take part in a summit in South Korea next month, the stock exchanges can smooth the way to their first personal meeting since Trump returned to the office.
The planned dialogue between Bessnt and He is part of the 12th-18 trip. September, which an American official does in Spain and Britain, where he is to plan to meet his counterparts. The Besse plan was previously reported by Reuters.
The timing is particularly fragile for the two largest economies in the world, because the 90 -day tariff among nations will expire in early November. The temporary agreement prevented fees from escalating at a high -sky level, but its expiration occurs as a potential ignition point for renewed economic war.
Trump retained his difficult attitude to trade and told European officials this week that he was willing to save new tariffs on China over his support from Russia. Such steps could derail diplomatic progress and make efforts to achieve any wider trade agreement.
This article was generated from an automated news agency without text modifications.
(Tagstotranslate) US Finance Minister (T) Chinese Vice President (T) Business Interviews (T) Economic Questions (T) National Security
