U.S. Treasury Secretary Scott Bessent declined to confirm direct tariff negotiations with China, suggesting that Beijing faces severe economic fallout if current trade barriers persist.
Speaking to reporters, Bessent cited potential Chinese job losses in the millions and argued that the U.S. trade deficit puts pressure on China to act.
While avoiding specifics on communications, he hinted at the unsustainable nature of China’s tariff stance.
Beijing denies ongoing talks.
The standoff continues, clouded by diplomatic silence and sharp warnings of economic instability from Washington.
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US and China prepare to extend tariff pause after Stockholm talks
US Treasury Secretary Scott Bessent says President Trump must approve the pause before it can go ahead.
READ MORE : http://www.euronews.com/2025/07/30/us-and-china-agree-to-extend-tariff-pause-after-stockholm-trade-talks
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Credit: euronews (in English) Duration: 01:10Published
U.S. President Donald Trump and Chinese President Xi Jinping are expected to speak soon amid escalating tensions over critical mineral trade. Treasury Secretary Scott Bessent confirmed that China may have violated a key agreement, accusing Beijing of withholding essential industrial materials. With global supply chains in jeopardy, aides expect the upcoming call to iron out issues. While no date is confirmed, White House officials are optimistic a conversation is imminent and may clarify the Geneva deal on tariff rollbacks signed last month.
#Trump #XiJinping #USChinaTrade #MineralsDispute #CriticalMinerals #TradeWar #ChinaTariffs #TrumpXiTalks #GenevaDeal #IndustrialSupply #GlobalTrade #ScottBessent #KevinHassett #WhiteHouse #TradeTensions #ChinaHoldback #BilateralTalks #TradeNegotiations #TariffRollback #BreakingNews
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WATCH Europe Today: China and EU - has summit restored trust?
Following Commission President Ursula von der Leyen's and Council President Antonio Costa's meeting with Chinese premier Xi Jinping in Beijing, Euronews' Europe Today assesses the progress made with interviews, exclusive reporting and analysis.
READ MORE : http://www.euronews.com/2025/07/25/watch-europe-today-china-and-eu-has-summit-restored-trust
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Credit: euronews (in English) Duration: 11:55Published
Heavy rains and flash floods have killed at least 30 people in Beijing and Hebei, with Beijing’s Miyun district alone reporting 28 deaths. Landslides and rising river levels have intensified the crisis, prompting President Xi Jinping to order “all-out” rescue operations. Over 80,000 residents have been evacuated, and 136 villages are without power. With over 543mm of rainfall recorded, infrastructure damage is extensive. Authorities have issued top-level flood alerts as emergency teams race to prevent further casualties and devastation.
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