Bessent leaking news of a meeting with China later this week in Switzerland was most likely just more market manipulation by this Administration ... this time probably to create a buffer for more incendiary Truth Social posts by Trump following Powell's interest rates outlook delivered 2.30pm tomorrow in NY.
If Bessent was playing with a straight bat, and not tone deaf as to how to negotiate with China, he'd have waited until after the meeting to announce outcomes.
I doubt the Chinese will concede anything in meetings this week, preferring to let Trump and Bessent swing on no outcomes.
