U.S. President Donald Trump is ready to meet Chinese President Xi Jinping and officials from both countries are working to set up a meeting, Treasury Secretary Scott Bessent said on Wednesday.

Bessent told CNBC that the U.S. did not want to escalate a conflict with China, and did not want to decouple from the second-largest economy in the world. He said it was due to trust between Trump and Xi that the trade conflict between the two countries has not escalated further.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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