US-China Negotiations Resume with Positive Outlook

US Treasury Secretary Scott Bessent shared encouraging news on Wednesday, announcing that negotiations with China have resumed on a positive note. This development signals a potential improvement in both diplomatic and trade relations between the two global powers.

"We are in a good place with China," Bessent remarked, highlighting the readiness to tackle larger issues. He emphasized the US's stance against decoupling from China, advocating instead for supply de-risking as a more balanced approach.

Furthermore, Bessent expressed his optimism about setting a regular meeting schedule with his Chinese counterpart, aiming to foster continuous dialogue and cooperation.