WASHINGTON: US President Donald Trump is ready to meet Chinese President Xi Jinping and officials from both countries are working to set up a meeting, Treasury Secretary Scott Bessent said on Wednesday. JUST IN: Treasury Secretary Bessent says he's optimistic about China and they're in communication with them. We are so back pic.twitter.com/cEGg1r9CIt — (@ScottLEOWarrior) October 15, 2025 Bessent told CNBC that the US did not want to escalate a conflict with China, and did not want to decouple from the second-largest economy in the world.

Secretary of the US Treasury says Trump may call off his 100 percent tariff threat on China as negotiations continue.

WASHINGTON: US President Donald Trump is ready to meet Chinese President Xi Jinping and officials from both countries are working to set up a meeting, Treasury Secretary Scott…