Bessent says U.S.-China talks ‘stalled,’ pushes for Trump-Xi call

U.S. Treasury Secretary Scott Bessent said trade talks with China are “a bit stalled,” and that a call between President Donald Trump and his counterpart Xi Jinping may be needed for the world’s two largest economies to reach a deal.

“I would say that they are a bit stalled,” Bessent said of the talks in an interview with Fox News Thursday. 

Bessent, who traveled to Switzerland earlier this month for talks with Chinese officials that saw both sides retreat from tariffs over 100% on each other’s goods...