Trump and Xi likely to speak soon on minerals trade dispute, Bessent says

Treasury secretary claims China is holding back essential products

20250601N Bessent US China

U.S. Treasury Secretary Scott Bessent met Chinese Vice Premier He Lifeng in Geneva in May. (Keystone/EDA/Martial Trezzini/Handout via Reuters)

WASHINGTON (Reuters) -- U.S. President Donald Trump and Chinese President Xi Jinping will speak soon to iron out trade issues including a dispute over critical minerals, Treasury Secretary Scott Bessent said on Sunday.

Trump on Friday accused China of violating an agreement with the U.S. to mutually roll back tariffs and trade restrictions for critical minerals.

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