China announced it will hold new trade talks with the United States “as soon as possible” amid rising tensions. The discussions follow U.S. President Donald Trump’s announcement of 100% tariffs on Chinese exports and strict controls on critical software. Vice Premier He Lifeng and Treasury Secretary Scott Bessent held a video call described as “candid, in-depth, and constructive.” Trump confirmed he would meet Chinese President Xi Jinping in South Korea in two weeks. Both leaders aim to stabilize trade relations despite the escalating economic pressures, with Trump emphasizing his personal rapport with Xi as a negotiating advantage.#ChinaUSTrade #Trump #XiJinping #TariffWar #TradeNegotiations #100PercentTariffs #SoftwareBan #EconomicPressure #GlobalMarkets #HeLifeng #ScottBessent #SouthKoreaSummit
