U.S. Treasury Secretary Scott Bessent said Friday he’s optimistic about reaching a trade agreement with China as President Donald Trump launched a sweeping new round of tariffs affecting dozens of countries.
Bessent Says US-China Trade Talks Are Advancing
Bessent briefly posted on X, formerly Twitter, that this week’s trade talks in Stockholm made meaningful progress toward a U.S.-China deal, reported Reuters.
The post, which was deleted and reposted due to an apparent technical issue, stated: “This week’s negotiations in Stockholm have advanced our talks with China, and I believe that we have the makings of a deal that will benefit both of our great nations.”
He added, “I am optimistic about the path forward.”
In a Thursday interview with CNBC, Bessent added, “It’s not 100% done,” but confirmed U.S. negotiators “pushed back …