U.S. Treasury Secretary Scott Bessent said Thursday that trade relations with China are currently “in a good place,” paving the way for talks focused on rebalancing China’s economy.
U.S. Treasury Secretary Scott Bessent is set to attend the upcoming G7 finance ministers' meeting in Banff, Alberta, Canada. His goal is to shift the group’s attention toward tackling global trade imbalances and addressing unfair economic practices, according to a Treasury spokesperson.
South Korea's Finance Minister Choi Sang-mok will head to Washington next week for a pivotal meeting with U.S. Treasury Secretary Scott Bessent, Seoul's finance ministry confirmed on Wednesday.
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