Bessent to meet Chinese official He Lifeng amid US-Iran tensions

Scott Bessent is scheduled to meet with Chinese official He Lifeng this weekend as US-China trade talks intensify. This meeting occurs amidst rising US-Iran tensions, where China's potential mediation could reshape geopolitical dynamics and future diplomatic or economic outcomes. These intensified trade discussions may further impact global supply chains across various sectors, including technology and agriculture, while significantly influencing overall market stability and the broader geopolitical landscape between these major global powers.