U.S. and China agree to a trade deal 'framework,' treasury secretary says

President Donald Trump and Chinese President Xi Jinping are expected to reach a deal to avert a new 100% U.S. tariff on Chinese goods and are likely to meet in person soon, Treasury Secretary Scott Bessent said following talks with Beijing’s top trade negotiator

Oct 27, 2025 - 12:30
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U.S. and China agree to a trade deal 'framework,' treasury secretary says
President Donald Trump and Chinese President Xi Jinping are expected to reach a deal to avert a new 100% U.S. tariff on Chinese goods and are likely to meet in person soon, Treasury Secretary Scott Bessent said following talks with Beijing’s top trade negotiator

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