Trump and China's Xi Will Likely Talk Very Soon, White House Official Says

Trump and China's Xi will likely talk very soon, White House official says

President Donald Trump and Chinese President Xi Jinping are expected to speak very soon, a senior White House official told CNBC.

ASX buckles under tariff concerns; Soul Patts, Brickworks jump on $14b merger

The Australian sharemarket declined on Monday as investors were once again in a cautious mood as they grappled with US President Donald Trump’s trade wars.

Treasury Secretary Scott Bessent reminds CBS anchor about wrong inflation prediction: ‘Numbers are the best in 4 years’

Treasury Secretary Scott Bessent took a victory lap Sunday over recent inflation numbers that show a key benchmark hitting a four-year low, hailing it as vindication against the naysayers who predicted President Trump's tariffs would cause prices to soar.

US, China Trade Row Could Ease After Trump-Xi Talks: Treasury Chief

US Treasury Secretary Scott Bessent said that President Donald Trump could speak with China's Xi Jinping "very soon," and that such a call could help break the logjam in the trade talks between the world's two biggest economies.

Scott Bessent "confident" U.S.-China trade details "will be ironed out" when Trump, Xi talk

Treasury Secretary Scott Bessent tells "Face the Nation with Margaret Brennan" that President Trump and Chinese President Xi Jinping will have a conversation soon amid the tariff standoff, and he's "confident" the details of a trade agreement "will be ironed out" when they talk.

Signs of thawing? US-China trade war may ease as Donald Trump likely to speak to Xi Jinping ‘very soon’

US Treasury Secretary Scott Bessent suggests a potential conversation between President Trump and President Xi Jinping to address trade deal issues. Trump criticized China's alleged breach of a Geneva agreement, while Bessent remains optimistic about resolving differences.