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Bessent-He Lifeng Meeting Looms as Trade Talks Reach Crucial Stage

Guavy AI Editorial Team
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US Treasury Secretary Scott Bessent is set to meet Chinese Vice Premier He Lifeng this weekend, as trade talks between the two nations intensify.

The meeting, one of many between the pair in recent years, aims to narrow disagreements and identify areas of potential agreement ahead of higher-level discussions between President Trump and President Xi Jinping.

One key area of focus is the proposed Board of Trade mechanism, which would create a structured framework for exploring duty cuts on approximately $30 billion worth of goods traded between the two countries.

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