Tariffs, US-China talks in South Korea

The deputy prime minister of China, He Lifengwill hold trade talks with officials Usa in South Korea next week ahead of the planned leaders’ summit Xi Jinping e Donald Trump. This was reported by Chinese state media according to which the two sides will meet on Tuesday and Wednesday for “consultations on trade issues of common interest”.

The ministry of Chinese trade in a statement he then announced that the deputy prime minister, He Lifeng, the top economic official of Beijingwill participate in “consultations on economic and trade issues of common interest” in South Korea on Tuesday and Wednesday next week.

Bessent’s message

The Secretary of the Treasury American, Scott Bessantin a post su X he wrote: “I’ll stop in on Wednesday Alone for a conversation with Chinese Vice Prime Minister He Lifeng, before continuing on Beijing for the Leaders’ Summit between President Trump and President Xi.”

The Trump-Xi summit

Trump is preparing to visit the China for a high-level summit with Xiin which the leaders of the world’s two largest economies are expected to focus on easing the trade tensions and up Taiwanwith the war on Middle East looming in the background. Trump’s visit will be the first by a US president to China since 2017.

Tariffs and trade truce

While Washington e Beijing they imposed themselves on each other duties on exports a year ago, Trump and Xi agreed on a trade truce of a year during their October meeting in South Korea.

The key negotiators

Both Trump and Bessent were the lead negotiators for China e United States on all commercial and economic matters. The talks are likely to finalize the final details on the announcements that will be made during the Trump-Xi summit.

The stages in Japan

Bessent also said he would have preliminary talks on Tuesday Tokyo with the Japanese Prime Minister Sanae Takaichi and the Minister of Finance Satsuki Katayamatogether with other representatives from the public and private sectors.

Economic security

“The economic security it’s national security, and I look forward to a series of fruitful meetings to advance President Trump’s ‘America First’ economic agenda,” he said. Bessent.