US-China Trade Talks Ahead of Trump's Beijing Visit

U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng are meeting in Paris for a new round of trade talks. These discussions are preparatory for President Donald Trump's state visit to Beijing, scheduled for March 31, where he will meet with Chinese President Xi Jinping. The aim is to maintain stable relations between the United States and China, the world's two largest economies, and address trade and economic issues of mutual concern. Key topics include potential Chinese purchases of U.S. products such as soybeans and airplanes, and strategies to manage the trade imbalance. The talks follow a previous one-year truce in a trade war and come amidst a new U.S. trade investigation into 16 trading partners, including China, which Beijing has warned against.