Fresh back from London, Treasury Secretary Scott Bessent will testify on Capitol Hill Wednesday on the progress of talks with China.
The U.S. and Beijing agreeing to implement last month’s Geneva consensus which had both countries lowering tariffs – as long as President Trump and President Xi sign off on the deal. Commerce Secretary Howard Lutnick telling FOX Business the issue of rare earth minerals will be addressed in the framework, noting that previous U.S. export restrictions could be lifted in a “balanced way,” as long as it’s reciprocal.
