U.S. and China discuss trade and rare earths in call ahead of Xi visit
AI Summary
U.S. Treasury Secretary Scott Bessent held talks with Chinese Vice Premier He Lifeng to prepare for President Xi Jinping's upcoming visit to the United States in September, discussing trade and rare earth elements. The dialogue aims to ease bilateral tensions and foster economic cooperation.
U.S. Treasury Secretary Scott Bessent said he held a call Thursday with Chinese Vice Premier He Lifeng to lay the groundwork for President Xi Jinping's U.S. visit in September.