US, China agree to trade deal framework
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Treasury Secretary Scott Bessent said 100% tariffs on China are "effectively off the table" after a "very good two-day meeting" between the U.S. and China.
Treasury Secretary Scott Bessent said that he's reached a "substantial framework" for trade talks between the U.S. and China.
Bessent – a former hedge fund executive with a roughly $600 million net worth, according to Forbes – owns substantial soybean and corn farmland in North Dakota, according to his government
Hundreds of thousands of American soybean farmers are suffering from China’s monthslong effective embargo. Among them: Treasury Secretary Scott Bessent.
A meeting is reportedly set between President Trump and China’s President Xi Jinping on Thursday that could turn things back around for U.S. soybean producers. “In case you don’t know, I’m actually a soybean farmer so,
Treasury Secretary Scott Bessent described China’s lead trade negotiator as “unhinged” Wednesday — and announced the US is planning “price floors” and “forward buying” to prevent future supply chain disruptions by Beijing’s export controls.
And to paint Trump as a hard worker who labors dutifully despite the shutdown, the White House video t The appeal follows a Supreme Court ruling last year offering broad legal protections for US presidents.