Scott Beesen says that the US -Chinese commercial talks are “suspended”

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US Treasury Secretary Scott Payett said that the trade talks between the United States and China are “somewhat suspended” and may need to be activated with an invitation between Donald Trump and Chinese leader Xi Jinping.

Comments indicate that the two sides have not made great progress since their agreement two weeks ago During talks in Geneva To a truce that would reduce the customs tariffs of up to 145 percent.

“I think we will hold more talks in the next few weeks, and I think we have at some point a call between the president and the eleventh party leader,” BESSENT Fox News was told on Thursday.

“Given the size of the conversations … this will require both leaders to weigh with each other,” he said. “They have a very good relationship and I am sure that the Chinese will come to the table when President Trump makes his preferences known.”

ChinaOn Friday, the Ministry of Foreign Affairs refused to comment on Bessent’s comments.

Trump raised on various occasions the ability to make a phone call to XI. He insisted before the talks on May 12 They have spoken But China has constantly denied this.

After talks in Switzerland, the two countries said they would reduce the customs tariffs on each other for at least 90 days, as the United States, which the United States imposed on China this year, decreased to 30 percent and China decreased to 10 percent.

As part of the deal, China also agreed to “suspend or cancel” non -tendency measures against the United States, but it has not provided any details.

After talking that both sides have agreed to establish a “economic and commercial consultative mechanism in China, to maintain close communication on concerns related to economic and commercial fields and to carry out more consultations.”

He said that the two sides will hold consultations regularly or as needed, “alternately between China and the United States, or in a third country agreed upon mutual.”

But since then, there have been a few public advertisements on talks from either side, as the Trump administration instead imposed more restrictions on the use of American technology by Chinese companies.

Soon after the Geneva talks, Washington warned companies all over the world against using it Artificial intelligence chips made by Huawei It can lead to criminal sanctions for violating American export controls.

The US Department of Commerce also told American companies that provide programs used to design semiconductors to stop selling their services to Chinese groups, in the last attempt to make it difficult for China to develop advanced chips.

“From the point of view of the long -term and complex nature of the struggle with the United States, we should not be fully prepared for negotiations but also ready for a long confrontation,” wrote Huo Jianguo, Vice President of the China Global Trade Association Studies on Beijing, on the Chinese Economic Network the Communist Party.



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