Bessent Is Upbeat on China Trade Talks Thanks to 2020 Framework

US Treasury Secretary Scott Bessent said the trade deal from Donald Trump’s first tariff war with China gives the world’s two biggest economies “a very good framework” for upcoming discussions after the temporary lifting of levies between them.

“We are not starting from ground zero,” Bessent said at a Saudi-US Investment Forum in Riyadh on Tuesday. “We have a framework and we can go from there.”