Archive · 2 Aug 2025
Bessent Optimistic on US-China Trade Deal Progress
The U.S. and China are still trying to make a trade deal, according to U.S. Treasury Secretary Scott Bessent.
They talked in Stockholm this week and made some progress.
China has a deadline of August 12 to agree on tariffs.
Bessent said that the US has the 'makings of a deal'.
The deal isn't completely finished, but officials are hopeful that it will be done soon.
This is all about stopping the back-and-forth tariffs that the countries have on different products.
U.S. Treasury Secretary Scott Bessent expressed optimism about a potential trade deal with China.
Negotiations in Stockholm this week advanced talks between the U.S. and China.
Bessent believes the U.S. has the 'makings of a deal'.
China faces an August 12 deadline for a tariff agreement.
Bessent stated the deal is 'not 100% done'.
- Who
- U.S. Treasury Secretary Scott Bessent and China.
- What
- The U.S. and China are negotiating a trade deal.
- When
- Negotiations occurred in Stockholm this week; August 12 is a key deadline.
- Where
- Stockholm.
- Why
- To reach a tariff agreement and resolve trade disputes.
U.S. Perspective
China's Perspective
Negotiation Progress
U.S. Perspective
Expresses optimism about progress.
China's Perspective
No opposing view present in article.
- Lead Official
- Scott Bessent
- Location of Talks
- Stockholm
- Key Deadline
- August 12
- Topic
- Trade Deal
- Agreement Status
- Not 100% Done
