Politics10/13/2025β€’Bloomberg

Bessent Still Sees Xi-Trump Meeting, Says All Options Are Open

Bessent Still Sees Xi-Trump Meeting, Says All Options Are Open

Treasury Secretary Scott Bessent expressed his belief that a meeting between President Donald Trump and President Xi Jinping is still expected, despite ongoing trade tensions between the United States and China. Bessent also cautioned that the U.S. government is considering all options to respond to China's decision to restrict exports of rare earth minerals, which are crucial for the production of various high-tech products. The article highlights the continued efforts by both countries to navigate the complex trade relationship and the potential implications of China's rare earth export control measures. Bessent's statements suggest that the U.S. government is closely monitoring the situation and is prepared to take appropriate actions, if necessary, to protect American interests.

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