U.S. and Chinese trade officials plan to meet again in the coming months to discuss their economic relationship, as the two countries extended a tariff truce for 90 days.
Treasury Secretary Scott Bessent announced on Tuesday that U.S. trade representatives will reconvene with their Chinese counterparts within the next two to three months to discuss the future of bilateral economic ties. This follows the recent extension of a 90-day tariff truce, preventing the implementation of higher tariffs on goods traded between the two nations.
In an interview Bessent also said Chinese President Xi Jinping had invited Trump to a meeting.
"There's no date," Bessent said. "The president hasn't accepted yet."
Earlier, Trump expressed optimism about reaching a trade deal and suggested a meeting with Xi could happen before the year’s end if an agreement is finalised.
Despite progress in talks, Bessent emphasized the need for sustained efforts spanning months or longer to curb fentanyl precursor flows from China before the U.S. will consider lowering tariffs.
The U.S. accuses China of not adequately addressing the fentanyl crisis, which has fueled overdose deaths, while China denies these allegations and accuses the U.S. of using the issue for leverage.
Since February, the U.S. has maintained tariffs on Chinese imports related to these concerns, alongside a base tariff increase imposed earlier.
A series of signals from Washington, including congressional testimony, a U.S. Embassy statement and a senior diplomat's visit to Tbilisi, has given G...
Afghan and Uzbek business officials have discussed ways to expand trade, ease transit bottlenecks and address customs challenges facing traders, accor...
Armenia is set to receive a support package worth more than €50 million ($58.2 million) from the European Union (EU) after Russia, its largest tradi...
As Armenia heads toward parliamentary elections on 7 June, the country's relationship with Azerbaijan is emerging as one of the defining issues of the...
Twelve people have died following a fire at a care home for elderly residents in Anguruwatota, Sri Lanka, on Thursday. Authorities are investigating t...
A series of signals from Washington, including congressional testimony, a U.S. Embassy statement and a senior diplomat's visit to Tbilisi, has given Georgia's ruling party reason to declare a diplomatic reset. But Washington's message is more nuanced than Tbilisi is suggesting.
Afghan and Uzbek business officials have discussed ways to expand trade, ease transit bottlenecks and address customs challenges facing traders, according to the Afghanistan Chamber of Commerce and Investment (ACCI).
Armenia is set to receive a support package worth more than €50 million ($58.2 million) from the European Union (EU) after Russia, its largest trading partner, imposed restrictions on a range of Armenian exports.
As Armenia heads toward parliamentary elections on 7 June, the country's relationship with Azerbaijan is emerging as one of the defining issues of the campaign, with analysts and international observers highlighting the role of regional politics in shaping voters’ mindsets.
Severe Tropical Storm Jangmi brought heavy rain, power cuts and transport disruption across Japan on Wednesday (3 June) as it tracked towards the greater Tokyo region.
Police officers were pelted with missiles during violent clashes at a protest near the Southampton, UK, home of convicted murderer Vickrum Digwa, as anger continued to grow over the handling of the fatal stabbing of 18-year-old Henry Nowak.
Thousands of people have taken to the streets in Albania in recent days to protest against a luxury tourism project linked to Jared Kushner, the son-in-law of U.S. President Donald Trump, and his wife Ivanka Trump.
An Iranian drone and missile attack struck Kuwait International Airport early Wednesday, injuring several people, damaging Terminal 1 and forcing flight diversions, Kuwaiti authorities said.
Armenia’s parliamentary election comes at a defining moment for the South Caucasus, a region reshaped by the Garabagh conflict and broader shifts in Russia-West relations. The outcome is increasingly seen as a signal of Armenia’s future foreign policy direction and the regional balance of power.
China has criticised planned maritime boundary discussions between Japan and the Philippines, arguing that the waters involved fall within an area where Beijing claims maritime rights and jurisdiction.
U.S. President Donald Trump will attend next month's NATO leaders' summit in Türkiye, ending weeks of uncertainty over whether he would take part in a gathering expected to focus on the future of the alliance.
All 27 European Union (EU) member countries have agreed to begin the first set of talks with Ukraine and Moldova about joining the political and economic bloc.
Germany's foreign minister Johann Wadephul has suggested that Berlin's strong backing of Ukraine and its close ties with Israel may have contributed to its failure to secure a seat on the United Nations Security Council.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for the 4 June, covering the latest developments you need to know.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment