Treasury Secretary Anticipates Progress in Trade Talks with China
October 26, 2025 - 22:56
Treasury Secretary Scott Bessent has expressed optimism regarding upcoming trade negotiations between the United States and China. As President Trump prepares for a meeting with Chinese President Xi Jinping in Korea next week, Bessent believes that significant advancements can be made, particularly concerning trade issues and the contentious TikTok deal.
Bessent noted that the previously discussed 100% tariff threat against China is now "effectively off the table," signaling a shift in the administration's approach to trade relations. This development comes as both countries seek to stabilize their economic interactions and address ongoing tensions that have characterized their relationship.
The anticipated meeting is seen as a pivotal moment for both leaders, as they aim to bridge gaps and foster cooperation. With trade being a central focus, stakeholders are eager to see how the discussions unfold and what potential agreements may emerge from this high-stakes dialogue.
MORE NEWS
July 28, 2026 - 01:02
North Range Business Park addition proposal advances to second committee lookCHEYENNE, Wyo. - The Cheyenne City Council has taken a step forward on a proposal to bring a 34-acre parcel into the city limits, a move that would eventually expand the North Range Business Park....
July 27, 2026 - 21:59
Felony Theft Charges Filed Against Landscaping Business Owner, Investigators Seek Additional Information - Colorado First Judicial District Attorney's OfficeGOLDEN, Colo. (July 27, 2026) -- The First Judicial District Attorney`s Office has filed two felony theft charges against Ulises Tajonar Diaz, 32, alleging he accepted more than $32,000 in deposits...
July 27, 2026 - 00:44
Restaurant owner launches GoFundMe after fire leaves Southside business “beyond repair”Johnathan Streeter, the owner of a Southside restaurant, has launched a fundraising campaign after a fire left his business in ruins. Streeter said he first noticed a burning smell at the...
July 26, 2026 - 05:30
Optimism Grows Among Regional Business Leaders, But Pessimism Surfaces in JuneauA recent study reveals that 62 percent of business leaders in the region express optimism about current economic conditions. This marks a slight improvement in attitudes toward the local business...