• Mon, Mar 16, 2026|
  • JKT --:--
  • TKY --:--
  • HK --:--
  • NY --:--

Market & Economic Intelligence Platform Insight on Macro, Commodities, Equities & Policy

16 March 2026 18:52  |

Bessent: US-China Trade Talks Going "Very Well," Xi Summit Schedule Remains Fluid

US Treasury Secretary Scott Bessent said trade talks with China were going "very well" on Monday, assessing that relations between the two countries remain stable. He said discussions included a draft new tariff regime, but emphasized that Washington is not seeking economic decoupling with Beijing, but rather strategic changes.

Regarding the possibility of a meeting between President Donald Trump and Chinese President Xi Jinping, Bessent said the schedule remains uncertain. He emphasized that any delay would not be due to the situation in the Strait of Hormuz, but rather logistical factors—including Trump's option to remain in the US amid the Iran war.

Bessent also urged market participants not to interpret the potential rescheduling as a sign of worsening US-China relations. He stated that the rescheduling—if it occurs—does not reflect a new conflict between Washington and Beijing, but rather an operational decision amidst the ongoing geopolitical situation.

Source: Newsmaker.id

Related News

GLOBAL ECONOMY

Trump Vows to 'immediately' Negotiate for End to Ukraine ...

President Donald Trump announced Wednesday he and Russia's leader agreed in a phone call to “immediately” begin negotiati...

13 February 2025 12:25
GLOBAL ECONOMY

Breaking: US Nonfarm Payrolls rise by 143,000 in January vs...

Nonfarm Payrolls (NFP) in the US rose by 143,000 in January, the US Bureau of Labor Statistics (BLS) reported on Friday. This...

7 February 2025 20:40
GLOBAL ECONOMY

Canada To Announce C$29.8 Billion In Retaliatory Tariffs Ag...

Canada will announce C$29.8 billion in retaliatory tariffs against the United States on Wednesday in response to U.S. Preside...

12 March 2025 18:54
GLOBAL ECONOMY

China Says U.S. Must Drop Tariffs Before Trade Talks

Beijing reiterated its call for the U.S. to drop unilateral tariffs on China, underscoring the deadlock between the world’s...

8 May 2025 16:16
BIAS23.com NM23 Ai