President Donald Trump and Chinese President Xi Jinping are set to hold a brief meeting later this month in South Korea, Treasury Secretary Scott Bessent said Thursday, adding that the administration anticipates a ‘significant breakthrough’ in trade negotiations with China.
Bessent made the comments in a CNBC interview, a day after Trump reiterated that he plans to meet with Xi “in four weeks,” as South Korea prepares to host the Asia-Pacific Economic Cooperation (APEC) summit in Gyeongju from Oct. 31 to Nov. 1.
“The most important thing we are going to see is a meeting, a pull-aside meeting with President Trump and party chair Xi in Korea toward the end of the month,” Bessent said.
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