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US Treasury Sec Meets China, Korea Before Chip Curbs Talks

5/13/2026

25 2 Full Breakdown

Summary

Story summary

U.S. Treasury Secretary Scott Bessent met Chinese Vice Premier He Lifeng with Vice Commerce Minister Li Chenggang at Incheon airport on Wednesday, later meeting South Korean President Lee Jae Myung at the Blue House.
The Beijing summit will host trade forums and is expected to include announcements on Boeing aircraft, agriculture and energy purchases.
Beijing will ask the United States to ease curbs on advanced semiconductor exports.

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Story summary

U.S. Treasury Secretary Scott Bessent met Chinese Vice Premier He Lifeng with Vice Commerce Minister Li Chenggang at Incheon airport on Wednesday, later meeting South Korean President Lee Jae Myung at the Blue House.
The Beijing summit will host trade forums and is expected to include announcements on Boeing aircraft, agriculture and energy purchases.
Beijing will ask the United States to ease curbs on advanced semiconductor exports.