Bessent calls for more balanced trade with China ahead of Trump-Xi talks

The Hill

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Original Report

↗ The Hill

Treasury Secretary Scott Bessent said Tuesday the U.S. and China should have a “more balanced” trading relationship, days after President Trump said he expects to meet with Chinese President Xi Jinping later this month. “The U.S. trade imbalance with China has long been a source of friction,” Bessent said at the National Committee on U.S.-China…