US-China talks resulted in mechanism to avoid escalation, US Treasury secretary said
ReutersMay 13, 2025 6:36 AM
DUBAI, May 13 (Reuters) - The trade talks between the U.S. and China in Geneva have resulted in a mechanism to avoid escalation, U.S. Treasury Secretary Scott Bessent said on Tuesday in Riyadh.
The U.S. does not want a generalised decoupling between the two largest economies in the world, he said.
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