In an interview yesterday, U.S. Treasury Secretary Scott Bessent weighed in on several key U.S.- China trade issues: rebalancing of the Chinese economy, a possible Xi-Trump meeting, rare earth export controls, fentanyl tariffs, and the idea of Chinese investment in the U.S. as a way to

Yesterday, China and the U.S. agreed to extend the pause in the tariff escalation that had resulted from the Trump administration's "reciprocal tariffs," with the result of the pause being that the existing tariff situation will remain in place until November 10 as negotiations continue.

Following two days of trade talks in Stockholm, Sweden, officials from China and the United States indicated a likely extension of their existing tariff pause.

For many years now, the U.S. government has complained about the Chinese economy being driven by exports of manufactured goods, rather than by domestic demand. The Trump administration is continuing this focus, although its language and approach diverge a bit from that of the Biden administration.

Leaders of Vietnam and China reaffirmed strong bilateral ties and agreed to boost cooperation, following a recently announced trade deal between Vietnam and the United States, which includes new tariffs that would target Chinese-origin goods transshipped through Vietnam.

U.S. and Chinese officials have confirmed that they finalized details on implementing an agreement that loosens bilateral export controls. However, the specific terms of the agreement, and whether they will be made public, remain unclear.

Beijing has cast a new shadow over a $35 billion merger between U.S. software giants Synopsys and Ansys, postponing its regulatory approval. The decision comes as the latest ripple in escalating U.S.-China tech tensions.