Bessent’s comments came just days after President Trump publicly accused China of violating trade agreements aimed at lowering tariffs and easing restrictions on key minerals vital to global supply chains.

“What China is doing right now is restricting goods critical to industrial supply chains in India and Europe,” Bessent told CBS News. “That’s not what a reliable partner does.”

The Treasury Secretary expressed confidence that once Presidents Trump and Xi speak directly, the issue will be addressed. However, he noted that the disruption in exports might stem from either a systematic error or intentional action on China’s part.

“They agreed to release certain goods as part of the deal with us,” Bessent said. “Whether the hold-up is a mistake or a deliberate move, we’ll know more after the leaders speak.”

When asked whether the call with President Xi was officially on Trump’s schedule, Bessent replied, “I believe we’ll see something happen very soon.”

White House economic advisor Kevin Hassett echoed Bessent’s sentiments, adding, “We expect President Trump to have a very productive conversation with President Xi regarding trade negotiations this week.”

Tensions have recently flared between Washington and Beijing over China’s role in global mineral markets, with the U.S. accusing Beijing of leveraging its control over rare earth elements and other key resources for geopolitical advantage. The forthcoming talks may play a critical role in shaping the trajectory of U.S.-China economic relations in the months ahead.

https://www.thairath.co.th/news/foreign/2861998