US Treasury Secretary: Trade talks with China are a little bit stalled

US Treasury Secretary Scott Besant said that trade talks with China are a little stalled and suggested that the US President and his Chinese counterpart could intervene in them.

“I would say they’re a little stalled,” Besant told Fox News when asked about the ongoing trade talks with Beijing. He believed there might be a phone call between the two presidents at some point about the matter, according to AFP.

The world’s two largest economic powers agreed in Iowa to suspend mutual tariffs for 90 days, de-escalating the trade war after talks between high-level officials from both sides in Geneva.