{"id":21449,"date":"2025-04-28T06:53:08","date_gmt":"2025-04-28T06:53:08","guid":{"rendered":"https:\/\/site.itshrt.com\/worldnews\/bessent-demurs-on-trumps-claim-of-trade-talks-with-chinas-xi\/"},"modified":"2025-04-28T06:53:08","modified_gmt":"2025-04-28T06:53:08","slug":"bessent-demurs-on-trumps-claim-of-trade-talks-with-chinas-xi","status":"publish","type":"post","link":"https:\/\/site.itshrt.com\/worldnews\/bessent-demurs-on-trumps-claim-of-trade-talks-with-chinas-xi\/","title":{"rendered":"Bessent Demurs on Trump\u2019s Claim of Trade Talks With China\u2019s Xi"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<\/p>\n<div data-testid=\"companionColumn-0\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">Treasury Secretary Scott Bessent said on Sunday that he did not know if President Trump had spoken to President Xi Jinping of China, casting further doubt on Mr. Trump\u2019s recent suggestion that Mr. Xi had called him.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Mr. Bessent\u2019s comments, made on ABC\u2019s \u201cThis Week,\u201d come as the United States and China are locked in a trade war that is destabilizing the world economy and rattling global markets. The secretary attempted to ease concerns about trade tensions with China and other countries, insisting that the administration was in talks with various nations and acknowledging that the tariffs it has imposed on Chinese goods were not sustainable.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">But it appears that communication with China has been minimal.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">\u201cI don\u2019t know if President Trump has spoken with President Xi,\u201d Mr. Bessent said when pressed by the host, Martha Raddatz, about Mr. Trump\u2019s statements that the two leaders had spoken about trade. \u201cI know they have a very good relationship and a lot of respect for each other.\u201d<\/p>\n<p class=\"css-at9mc1 evys1bk0\">The Treasury secretary is traditionally the American official who leads economic talks between the United States and China and would be expected to know if Mr. Trump and Mr. Xi had engaged in such discussions.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-1\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">In <a class=\"css-yywogo\" href=\"https:\/\/time.com\/7280114\/donald-trump-2025-interview-transcript\/\" title=\"\" rel=\"noopener noreferrer\" target=\"_blank\">an interview with Time<\/a> last week, Mr. Trump said Mr. Xi had called him, though he declined to say when, and asserted that his team was in active talks with China on a trade deal.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Asked about the interview outside the White House on Friday, the president reiterated that he had spoken with the Chinese president \u201cnumerous times,\u201d but he refused to answer when pressed on whether any call had happened after he imposed tariffs this month.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Beijing has <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2025\/04\/25\/us\/politics\/trump-china-tariffs-xi-jinping.html\" title=\"\">denied that talks were underway.<\/a> \u201cChina and the U.S. have not held consultations or negotiations on the issue of tariffs,\u201d Guo Jiakun, the spokesman for China\u2019s foreign ministry, said in a news conference on Friday. \u201cThe United States should not confuse the public.\u201d<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Mr. Bessent said in the interview Sunday that he interacted with his Chinese counterparts last week <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2025\/04\/23\/business\/bessent-imf-world-bank-overhauls.html\" title=\"\">during the spring meetings of the International Monetary Fund and the World Bank<\/a> but suggested that the conversations were \u201cmore on the traditional things like financial stability, global economic early warnings.\u201d<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Speaking to reporters on the sidelines of those meetings last week, Mr. Bessent dismissed speculation that Mr. Trump was considering unilaterally lowering the tariffs he has imposed on China before any negotiations with Mr. Xi. Mr. Bessent emphasized that any moves to de-escalate trade tensions must be mutual.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-2\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">\u201cI don\u2019t think either side believes that the current tariff levels are sustainable,\u201d he said at the time. The secretary added, \u201cThis is the equivalent of an embargo, and a break between the two countries on trade does not suit anyone\u2019s interest.\u201d<\/p>\n<p class=\"css-at9mc1 evys1bk0\">The U.S. tariffs on China have already begun to bite American importers. The pain is expected to intensify this week when <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2025\/04\/03\/business\/trump-de-minimis-china-shipments.html\" title=\"\">a loophole that allows retailers to send clothes<\/a> and other goods from China directly to American shoppers without paying tariffs expires on Friday.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.nytimes.com\/2025\/04\/27\/us\/politics\/bessent-trump-xi-tariffs.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Treasury Secretary Scott Bessent said on Sunday that he did not know if President Trump had spoken to President Xi<\/p>\n","protected":false},"author":1,"featured_media":21450,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33],"tags":[1561,239,114,338,708,113,109,111,419],"class_list":["post-21449","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-us","tag-bessent","tag-customs-tariff","tag-donald-j","tag-international-trade-and-world-market","tag-scott","tag-trump","tag-united-states-international-relations","tag-united-states-politics-and-government","tag-xi-jinping"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ 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