He will meet the party leader Xi in Korea. I still believe that the meeting will take place, says Scott Bessent to Fox Business on Monday.
He adds that there has been "extensive communication" over the weekend after Trump's statement on Friday about introducing tariffs of 100 percent on Chinese goods.
On Friday, Trump also threatened, after China's decision on export control of rare earth metals, to cancel his planned meeting with Xi Jinping at the Apec meeting in South Korea at the end of October.
This is China against the rest of the world. They have aimed a bazooka at the supply chains and the industrial base of the entire free world, and that we will not accept, says Bessent to Fox Business.
He also says that meetings will be held at the official level with China in Washington this week during the annual meeting with the International Monetary Fund and the World Bank.
