America described the 2-day trade meeting with China as “excellent” – Mehr news agency RCO News Agency

According to RCO News Agency, quoted by Al Jazeera News Agency, US Treasury Secretary Scott Bessant announced in a statement on Sunday: The increase in tariffs on Chinese goods was prevented and Beijing agreed to postpone the implementation of the new licensing system for the export of rare earth elements for one year.

The Secretary of the US Treasury continued in this regard: the details of the Tik Tok social system agreement have been settled and the presidents of the US and China can finalize this agreement (in a meeting) on ​​Thursday of this week in South Korea.

He then said: Our 2-day trade meeting with China was excellent.

Scott Bessant then expressed hope that the disputed issues between China and the United States will be resolved after the meeting of the presidents of the two countries on Thursday.