- Trump Admin signals openness to step down a trade war.
- Cabinet members provide conflicting messages about China conversations.
- The United States holds daily conversations with China about tariffs: Rollins.
Washington: Members of Donald Trump’s cabinet gave conflicting messages on Sunday as to whether negotiations with China on tariffs are taking place, as the Republican president has claimed.
The Trump administration signaled openness last week to step down a trade war between the world’s two largest economies that have raised fears of recession. Trump said it was a case that it was a matter of China about tariffs and that he and Chinese President Xi Jinping have spoken.
Still, Beijing has denied that there are some trade negotiations.
Treasury Secretary Scott Bessent, a key player in US trade negotiations with several countries, said on Sunday he had interaction with his Chinese colleagues last week at international monetary fund meetings in Washington, but did not discuss tariff population.
In a separate television interview, agricultural secretary Brooke Rollins said the United States held daily conversations with China about duty.
“Every day we are in conversation with China with the other 99, 100 countries that have come to the table,” Rollins said Cnn‘s’ the state of the Union. ”
Asked further ABC‘S’ this week ‘about the United States and China gave lectures on customs, Bessent did not address the question.
“I had interaction with my Chinese counterpart, but it was more about traditional things like financial stability, global economic early warnings. I don’t know if President Trump has spoken to President Xi (Jinping),” he said.
Bessent, who last week said that customs negotiations with Beijing would be a “beat” did not give a schedule for any potential agreement with China.
He said that a trade agreement can take months, but that a shell and a principle agreement can in principle be achieved before and would prevent customs ratchets back to the maximum level.
Trump’s erratic and often confusing, roll -out of tariffs have hit countries ranging from the largest US trading partners, such as Canada, Mexico and China. The result has been almost unprecedented market volatility and serious damage to the investor’s confidence in US assets.