High-level discussions between the United States and China are expected to resume soon, as both countries seek to resolve trade concerns surrounding critical minerals, according to senior officials.
U.S. Treasury Secretary Scott Bessent confirmed over the weekend that President Donald Trump and Chinese President Xi Jinping are preparing for a call aimed at addressing recent tensions over mineral trade flows. The talks are anticipated to revisit provisions under existing trade frameworks and clarify mutual commitments.
Concerns arose after reports that certain critical mineral exports from China were being delayed or withheld, prompting questions about trade reliability. Secretary Bessent emphasized the importance of uninterrupted supply chains, noting that these materials are vital not only to U.S. industries but also to partners in Europe and India.
“We remain optimistic that both leaders will engage in constructive dialogue to ensure stability and cooperation across essential sectors,” Bessent said during an interview with CBS. “We believe any disruptions can be clarified and corrected through this upcoming engagement.”
Although no exact date has been confirmed, White House economic adviser Kevin Hassett mentioned that preparations are underway. He expressed confidence that discussions will include follow-ups to the Geneva agreement reached in April, which addressed select tariff issues between the two countries.
The potential dialogue between Presidents Trump and Xi signals a continued commitment to advancing trade relationships and fostering transparency in global mineral markets.
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