Appearing on CNBC this morning, Treasury Secretary Scott Bessent gives an outline of the discussions between the USA and China.  Bessent and U.S. Trade Representative Jamieson Greer held meetings with the Chinese delegation in Geneva, Switzerland this past weekend.

Pay attention to Secretary Bessent describing [05:40] how Chinese ‘overproduction’ is now reaching the shores of partnered nations, that is the element CTH previously outlined {SEE HERE}, which is a rather significant issue right now.  The goods themselves are not ‘generic’ in nature, they are branded high-end products awaiting labeling and distribution once their component part of the global tariff is determined.  This is part of the ‘urgency’ motive for Beijing to seek some understanding of the timeline.

.