{"id":168472,"date":"2025-10-18T07:19:50","date_gmt":"2025-10-18T07:19:50","guid":{"rendered":"https:\/\/quixnet.net\/wpinstance\/us-china-hold-frank-trade-talks-in-person-meeting-next-week-as-trump-calls-100-china-tariffs-not-sustainable-mint\/"},"modified":"2025-10-18T07:19:50","modified_gmt":"2025-10-18T07:19:50","slug":"us-china-hold-frank-trade-talks-in-person-meeting-next-week-as-trump-calls-100-china-tariffs-not-sustainable-mint","status":"publish","type":"post","link":"https:\/\/quixnet.net\/wpinstance\/us-china-hold-frank-trade-talks-in-person-meeting-next-week-as-trump-calls-100-china-tariffs-not-sustainable-mint\/","title":{"rendered":"US, China hold \u2018frank\u2019 trade talks; in-person meeting next week as Trump calls 100% China tariffs \u2018not sustainable\u2019 &#8211; Mint"},"content":{"rendered":"<p>United States Treasury Secretary <a class=\"backlink\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/news\/us-news\/us-government-shutdown-scott-bessent-says-it-could-cost-america-s-economy-15-billion-a-day-11760548094665.html\" data-vars-page-type=\"story\" data-vars-link-type=\"Manual\" data-vars-anchor-text=\"Scott Bessent\">Scott Bessent<\/a> said that he and Chinese Vice President He Lifeng have conducted \u201cdetailed discussions\u201d on US-China trade, according to a Reuters report.<br \/>Speaking to reporters on October 17, Bessent said, \u201cVice Premier He Lifeng and I engaged in frank and detailed discussions regarding trade between the United States and <a class=\"backlink\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/news\/us-news\/trump-urged-to-attend-quad-summit-in-india-to-showcase-us-leadership-counter-china-beijing-most-serious-challenge-11760719965528.html\" data-vars-page-type=\"story\" data-vars-link-type=\"Manual\" data-vars-anchor-text=\"China\">China<\/a>.\u201d<br \/>He added that the talks are not over. \u201cWe will meet in person next week to continue our discussions,\u201d Bessent said.<br \/>This comes as US President <a class=\"backlink\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/news\/us-news\/salesforces-marc-benioff-apologises-for-backing-donald-trump-s-national-guard-plan-in-san-francisco-11760756551470.html\" data-vars-page-type=\"story\" data-vars-link-type=\"Manual\" data-vars-anchor-text=\"Donald Trump\">Donald Trump<\/a> in an interview on October 17 said his proposed 100 per cent additional tariff on Chinese imports would not be sustainable. He blamed China for the latest blow in trade talks due to limits on rare-earth exports.<br \/>Asked whether such a high tariff was sustainable and what that might do to the US <a class=\"backlink\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/news\/india\/from-fragile-five-to-top-five-economy-pm-modi-says-india-remains-unstoppable-self-reliant-and-confident-top-points-11760714198909.html\" data-vars-page-type=\"story\" data-vars-link-type=\"Manual\" data-vars-anchor-text=\"economy\">economy<\/a>, Trump replied, \u201cIt&#8217;s not sustainable, but that&#8217;s what the number is.\u201d<br \/>&#8220;They forced me to do that,&#8221; he told Fox Business Network.<br \/>Last week, Donald Trump said he would impose an additional 100 per cent tariffs on China, and limit any and all critical software exports from November 1.<br \/>In another interview with Fox Business Network on October 16, Donald Trunp also confirmed he would meet Chinese President <a class=\"backlink\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/market\/stock-market-news\/wall-street-today-us-stocks-mixed-amid-worries-over-regional-banks-instability-11760709194055.html\" data-vars-page-type=\"story\" data-vars-link-type=\"Manual\" data-vars-anchor-text=\"Xi Jinping\">Xi Jinping<\/a> in two weeks in South Korea.<br \/>\u201cI think we&#8217;re going to be fine with China, but we have to have a fair deal. It&#8217;s got to be fair,\u201d he said.<br \/>WTO Director-General Ngozi Okonjo-Iweala has urged the US and China to de-escalate <a class=\"backlink\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/market\/stock-market-news\/us-stocks-edge-higher-treasury-yields-rise-amid-calming-credit-trade-worries-11760728451586.html\" data-vars-page-type=\"story\" data-vars-link-type=\"Manual\" data-vars-anchor-text=\"trade\">trade<\/a> tensions, stating that the body is \u201cextremely concerned\u201d.<br \/>Speaking to Reuters she warned that both of the world&#8217;s two largest economies cutting ties could reduce global economic output by 7 per cent in the long term.<br \/><i>(With inputs from Reuters)<\/i><br \/>Stay updated with the latest <a href=\"https:\/\/www.livemint.com\/news\/trends\">Trending<\/a>, <a href=\"https:\/\/www.livemint.com\/news\/india\"> India <\/a>, <a href=\"https:\/\/www.livemint.com\/news\/world\"> World <\/a>and <a href=\"https:\/\/www.livemint.com\/news\/us-news\"> US<\/a> news.  <br \/>Download the Mint app and read premium stories<br \/>Log in to our website to save your bookmarks. It&#x27;ll just take a moment.<\/p>\n<p><a href=\"https:\/\/news.google.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?oc=5\">source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>United States Treasury Secretary Scott Bessent said that he and Chinese Vice President He Lifeng have conducted \u201cdetailed discussions\u201d on US-China trade, according to a Reuters report.Speaking to reporters on October 17, Bessent said, \u201cVice Premier He Lifeng and I engaged in frank and detailed discussions regarding trade between the United States and China.\u201dHe added [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":168473,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[9],"tags":[],"class_list":["post-168472","post","type-post","status-publish","format-standard","has-post-thumbnail","category-us","entry"],"_links":{"self":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/posts\/168472","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/comments?post=168472"}],"version-history":[{"count":0,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/posts\/168472\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/media\/168473"}],"wp:attachment":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/media?parent=168472"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/categories?post=168472"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/tags?post=168472"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}