Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer connected with China’s Vice Premier via video call, marking a critical step toward President Xi Jinping’s scheduled visit to the United States this September. This high-level discussion is part of ongoing economic dialogues under the current administration, with a clear focus on trade agreements and tariff adjustments.

The meeting signals a renewed diplomatic effort aiming to smooth the path for significant bilateral trade negotiations. Market indicators already place the chances of Xi visiting the US before 2027 at over 90%, reflecting growing confidence in the upcoming summit. Observers now watch closely for formal confirmations from both governments and any shifts in trade policies that may emerge from these talks.