China trade talks have stalled, US treasury secretary says

US Treasury Secretary Scott Bessent revealed that trade talks between the US and China have stalled, despite a recent temporary truce in the trade war between the two countries. The talks, aimed at reducing tariffs, require involvement from the leaders for progress. Despite the setback, both countries have confirmed plans to reduce tariffs on each other's imports, with more talks expected in the coming weeks to reach a further agreement. The US remains confident in resolving the trade dispute with China and is prepared for further negotiations.