Speaking on CNBC shortly before US markets opened, Bessent said the US and China will always be natural rivals, but their relationship is currently in a good place.
“Affordability” and the impact of tariffs and inflation on average Americans have become growing concerns for the Republican Party and the president as the 2026 midterm elections come into focus, with the farm vote central to a strong showing.
Four in-person meetings in about a year between the leaders of the two countries would be noteworthy.
In addition to the possible trip by Trump to the Apec summit in Shenzhen next November, Trump said Monday he accepted an invitation to travel to Beijing in April and expected to host Xi for a reciprocal state visit in the US. Xi might also travel to the United States for the annual meeting of the Group of 20 industrialised nations scheduled to be held at the Trump National Doral Miami resort in Florida.
FULL EVENT: Chinese President Xi Jinping meets with US President Donald Trump
FULL EVENT: Chinese President Xi Jinping meets with US President Donald Trump
