Trump and Xi at the G20 Summit: Statement from the U.S. Treasury Secretary

Historic Meeting Expectations at the G20 Summit

US Treasury Secretary Bessent announced that US President Donald Trump and Chinese President Xi Jinping may meet face-to-face at this year's G20 summit. This important meeting could be a critical turning point for the economic relations between the two countries.

Contacts Will Continue in 2024

In an interview with CNBC, Bessent emphasized that Trump and Xi are expected to have various contacts not only this year but also in the coming year. This development is recorded as something that could also influence the course of international trade.

Xi's Respect for Trump

Bessent stated that Xi Jinping may have the highest respect for Trump among global leaders. This situation could allow for deeper dialogue between the two leaders.

Nvidia and Chip Technology

Additionally, Bessent predicted that potential scenarios for the sale of Nvidia's next-generation Blackwell chips to China and other countries may also come to the forefront with the developments in the technology sector. This could increase competition in the technology market.