Bessent Urges China to Consume More and US to Produce More Ahead of Trump-Xi Meeting in Shenzhen
US Treasury Secretary Scott Bessent said China must consume more of what it produces, while the United States must produce more of what it consumes. He was speaking in New York on Tuesday at the 60th anniversary celebration of the National Committee on U.S.-China Relations. Bessent also announced a new US-China dialogue on artificial intelligence, including a direct channel to flag serious incidents. His remarks come ahead of a Trump-Xi meeting in Shenzhen next week, with a fragile trade truce set to expire in January.
#ScottBessent #Bessent #USChina #TrumpXi #Trump #XiJinping #Shenzhen #USChinaTrade #USChinaRelations #TradeTruce #AIDialogue #Treasury #LiveNews #BreakingNews
