Treasury Sec. Bessent to speak with Chinese Vice Premier today to discuss ongoing trade negotiations

Group 1 - The U.S. Treasury Secretary Scott Bessant and Chinese Vice Premier Foley Fang are scheduled to have a phone conversation to discuss ongoing trade negotiations between the U.S. and China [2][3] - The timing of this call is significant as it follows a week of heightened tensions, and it may represent a potential breakthrough in negotiations [4][6] - The market's reaction to comments made by President Trump regarding China indicates that investor sentiment is closely tied to trade developments [5][9] Group 2 - There is uncertainty about the content and outcomes of the upcoming call, with no guarantees of significant progress being made [6][7] - A larger breakthrough in trade relations is expected to require a face-to-face meeting between the top leaders of both countries, which is still planned for later this month in Asia [8]