Treasury Secretary Scott Bessent said trade talks between China and the U.S. have stalled and a direct call between the two countries' presidents may be needed to close a deal, adding to the uncertainty around tariffs as U.

Trade talks between the US and China are "a bit stalled", the US Treasury Secretary Scott Bessent has said. His comment comes less than three weeks after a temporary trade truce was agreed between the world's two largest economies,

Trade talks between the U.S. and China are “a bit stalled,” Treasury Secretary Scott Bessent said Thursday, adding that a breakthrough will likely hinge on President Donald Trump and Chinese President Xi Jinping speaking directly.