Although U.S.-China tensions have dominated headlines this year, there is reason to believe that this week’s meeting will lay the foundation for Trump and Xi to establish a much more constructive relationship between the world’s two most powerful nations.

The two-day meeting that began Monday between U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng in Stockholm will be key to Washington and Beijing’s efforts to stabilize the truce in their chaotic, tit-for-tat trade war. Even more importantly, it will also be a bellwether for a productive summit between U.S. President Donald Trump and Chinese President Xi Jinping, which is expected to occur before early November.

The two-day meeting that began Monday between U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng in Stockholm will be key to Washington and Beijing’s efforts to stabilize the truce in their chaotic, tit-for-tat trade war. Even more importantly, it will also be a bellwether for a productive summit between U.S.

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