US Treasury Secretary Bessent he spoke with China about US President Trump's China trip today; met with He Lifeng, meeting was candid and comprehensive
- Stressed that China’s recent provocative extraterritorial regulations have a chilling effect on global supply chains.
Context
The meeting between US Treasury Secretary Bessent and Chinese official He Lifeng highlights ongoing tensions surrounding trade and regulatory practices between the two nations. Bessent's remarks on China's extraterritorial regulations suggest potential implications for global supply chains, which could impact investor sentiment towards risk assets and drive volatility in related currencies and commodities.
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