Oct 19, 2025
3 min read
"This afternoon, Vice-Prime Minister He and I shared an honest and detailed discussion on trade between the United States and China. We will meet in person ...
US Treasury Secretary Scott Besant announced on Friday that he will meet with Chinese Vice Premier He Lifeng next week after calling for talks on economic relations between the two countries amid rising trade tensions.
"This afternoon, Vice Premier He Lifeng and I shared candid and detailed discussions on US-China trade. We will meet in person next week to continue our discussions," Bessent posted on X.
Although the message did not specify a specific date or place where the two countries' delegations will meet, the Treasury Secretary had already announced that a meeting would take place in Malaysia next week to prepare for the next meeting between US President Donald Trump and his Chinese counterpart Xi Jinping in South Korea, scheduled for late October.
Today's call is the first contact between Washington and Beijing since China declared its world's least competitive.
In a statement on its website, China's Commerce Ministry also repeated a video call between Bessant and Mr He, the head of the Asian country's negotiating team, and said U.S. Trade Representative Jamieson Greer would also participate.
"Both sides can maintain a frank, deep and constructive exchange on important issues and trade," said Trade, "said Trade," said Trade, "said Trade," said Trade, "said Trade," said Trade, highlighted trade, highlighted trade to implement the agreement and XI by telephone.
Beijing also indicates that the two powers "agreed to hold a new round of negotiations (...) as soon as possible", but did not specify a date or place for that meeting either.
Trump anunció la semana pasada que a partir del 1 de noviembre incrementaría de forma "masiva" los gravámenes que ya pesan sobre China, en represalia a lo que considera una conducta "hostil" de Pekín tras el anuncio de controles a la exportación de tierras raras y requisitos de licencias a cualquier producto que contenga partes de estos materiales.
Can lift the customers in the clients in 37%.
The retaliation marks the biggest conflict with Beijing since the two powers agreed to a tariff truce to negotiate a cut in tariffs, which Washington raised to 145 percent during a trade war promoted by the US president after his return to the White House.
