US Treasury Secretary defends Trump policies, plans meeting with Chinese official

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US Treasury Secretary Scott Bessent has defended former President Donald Trump’s economic policies while announcing plans to meet with Chinese Vice Premier He Lifeng. This meeting addresses trade and strategic discussions covering rare earths, agricultural goods, and AI safety. Market pricing indicates a 94.6% probability of President Xi Jinping visiting the United States before the end of 2026. This meeting is viewed as a crucial step in managing the tense yet actively negotiated relationship between the two countries.

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