PARIS-US TREASURY'S BESSENT SAYS TRUMP ADMINISTRATION NOT IN A HURRY TO EXTEND CHINA TRADE TRUCE DUE TO EXPIRE IN NOVEMBER BESSENT: WILL HAVE A MEETING WITH CHINESE VICE PREMIER HE LIFENG PRIOR TO XI'S SEPTEMBER VISIT TO WHITE HOUSE TO WORK OUT MORE DETAILS ON TRADE ARRANGEMENTS BESSENT: NEW SECTION 301 TARIFFS WON'T BE A PROBLEM FOR CHINA AS LONG AS THEY DO NOT EXCEED PRIOR LEVELS AGREED LAST NOVEMBER

2026-05-19

PARIS-US TREASURY'S BESSENT SAYS TRUMP ADMINISTRATION NOT IN A HURRY TO EXTEND CHINA TRADE TRUCE DUE TO EXPIRE IN NOVEMBER BESSENT: WILL HAVE A MEETING WITH CHINESE VICE PREMIER HE LIFENG PRIOR TO XI'S SEPTEMBER VISIT TO WHITE HOUSE TO WORK OUT MORE DETAILS ON TRADE ARRANGEMENTS BESSENT: NEW SECTION 301 TARIFFS WON'T BE A PROBLEM FOR CHINA AS LONG AS THEY DO NOT EXCEED PRIOR LEVELS AGREED LAST NOVEMBER