U.S.-China Trade Talks to Continue: Treasury Signals Further Negotiations

U.S. Treasury Secretary Scott Bessent announced upcoming negotiations between U.S. and China for a detailed trade agreement. While avoiding a full economic decoupling, the focus remains on safeguarding the U.S. steel and semiconductor sectors. No specific date for the next meeting has been set.

U.S. Treasury Secretary Scott Bessent has indicated that negotiators from the United States and China are poised to reconvene in the coming weeks to hammer out a more detailed trade agreement. However, a precise timeline for these discussions remains uncertain.

In an interview following preliminary talks held in Switzerland, Bessent emphasized that the United States is not advocating for a complete economic separation from China. Instead, the American strategy aims to shield critical domestic industries, specifically steel and semiconductors, from potential vulnerabilities.

While optimism surrounds the renewed dialogue, the specifics of when the next meeting will occur are yet to be clarified. The ongoing negotiations reflect a strategic approach to balance open trade while safeguarding national interests.

(With inputs from agencies.)