US Treasury Secretary Bessent considers asking China to cut oil purchases from US adversaries ahead of US President Trump's visit to China, WSJ reports
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- Bessent alongside former US officials, business executives and policy analysts are planning to firm up a framework for the April summit between Trump and Chinese leader Xi Jinping.
- Bessent in private meetings with said officials, indicated that Washington is seeking expanded Chinese purchases of American soybeans and Boeing jets, as well as a relaxation of Beijing’s export controls on rare-earth elements.
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