Trump is open to meeting Xi Jinping amid attempts to avoid the increase in trade war, says Scott Bestent, Treasury Secretary

US President Donald Trump is ready to meet Chinese President Xi Jinping, with officials from both countries wanting to arrange the high -level meeting, Treasury Secretary Scott Besent said on Wednesday. In an interview with CNBC, Bestent said Washington’s goal was to stabilize relations with Beijing rather than increase the tension. “We do not want to raise a conflict with China, and we do not want to disconnect from the second largest economy in the world,” he said. Besent emphasized that the working relationship and “trust” between Trump and XI contributed to the continuing trade dispute. “It is because of the confidence that the trade conflict did not escalate further,” he noted. The remarks come amid renewed friction between the two economic forces of rates and technology exports. A potential Trump – XI meeting would be the first direct involvement between the leaders since Trump’s return to office and an effort can be made to stabilize global trade ties. It is a developing story. Come check out for updates