Topic: Scott Besent

2 chapters across the catalog

Donald Trump released a statement detailing a 90-minute phone call with Chinese President Xi Jinping regarding the intricacies of a recently agreed-upon trade deal. The discussion focused on trade and rare earth products, with Trump noting that Russia, Ukraine, and Iran were not discussed. A future meeting is being planned involving Treasury Secretary Scott Besent, Commerce Secretary Howard Lutnick, and Trade Representative Jameson Greer.

Treasury Secretary Scott Besent announced a breakthrough trade deal with China following productive talks with the Chinese Vice Premier. The deal is viewed as a strategic victory for the U.S. tariff policy, forcing China to the negotiating table as its demographics collapse. The agreement also impacts regional stability, potentially neutralizing Chinese-funded efforts to disrupt the IMEC trade corridor through Pakistan and India.