Speaking in the Oval Office after a brief swearing-in ceremony for Securities and Exchange Commission Chair Paul Atkins Tuesday, Trump said talks with China were “doing fine” because “everybody wants to have involvement” in American markets.

Treasury Secretary Scott Bessent said Wednesday that China’s current economic model — built on “exporting its way out of economic troubles” — is unsustainable, and that the U.S. wants to help it change.

According to a New York Post report, Bessent told a group of journalists on Wednesday that trade talks with India are “very close” to reaching a successful conclusion as it doesn’t have “so many high tariffs.