U.S. and China Trade Talks Focus on De-escalation

WASHINGTON, D.C. — Treasury Secretary Scott Bessent announced that upcoming trade talks with China will emphasize reducing tensions between the two nations. Speaking on Fox News, he stated, “My sense is that this will be about de-escalation, not about the big trade deal.”

Bessent emphasized the need to avoid a complete trade separation. He noted that while the U.S. aims to resolve trade tensions, China may still have the opportunity to mass-produce goods that do not compromise American national security. “We’ve got to de-escalate before we can move forward,” he added.

During his testimony before the House Appropriations Committee, Bessent expressed optimism about achieving deals with the U.S.’s major trading partners before the end of the year. “Eighteen percent of the countries are major trading partners, and I would be surprised if we don’t have more than 80 or 90 percent of those wrapped up by the end of the year,” he said.

According to Bessent, the U.S. has not yet engaged in negotiations with China but hopes for productive discussions. Reports suggest China’s Vice Premier He Lifeng will meet with Bessent to further discuss economic matters. As tensions persist over tariffs, both countries look for avenues to stabilize trade relations.

This week’s meetings signal a continuing effort to navigate the complex dynamics of U.S.-China trade relations, which have faced significant challenges since the initiation of tariffs under the previous administration. Bessent’s statements reflect a commitment to finding common ground, even as the path forward remains uncertain.