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Bessent says China tariffs are not sustainable

Reuters on MSN · 9h

Bessent says China tariffs are not sustainable as US signals willingness to de-escalate

U.S. Treasury Secretary Scott Bessent said on Wednesday that high tariffs between the United States and China are not sustainable, as President Donald Trump's administration signaled openness to de-escalating a trade war between the world's two largest economies that has raised fears of recession.

Bessent: US and China tariffs need to come down before talks can start

Treasury Secretary Scott Bessent told reporters Wednesday that high duties imposed by the US and China need to come down mutually before talks can begin between the two economies.

Fox Business on MSN · 1d

Bessent believes China impasse over tariffs will de-escalate

Treasury Secretary Scott Bessent told an investor summit Tuesday that he expects the tariff war between the U.S. and China will de-escalate because the status quo is unsustainable.

Bessent says full China trade deal may take 2 to 3 years

CBS News on MSN · 9h

Treasury chief Scott Bessent says U.S. has an "an opportunity for a big deal" with China

Treasury Secretary Scott Bessent on Wednesday said he believes the Trump administration could strike a deal with China.

Fox Business on MSN · 19h

Treasury Secretary Bessent says there's an opportunity for a 'big deal' with China

Treasury Secretary Scott Bessent said that there's an opportunity to do a "big deal" with China to reduce tariffs if the Chinese government is willing to rebalance its economy.

U.S. News & World Report · 17h

Bessent Assails IMF and World Bank and Says There's an 'Opportunity for a Big Deal' With China

Treasury Secretary Scott Bessent has assailed the International Monetary Fund and the World Bank even as he tries to reassure nervous investors the United States will maintain its global leadership ro

2h

Stock Futures Fall After Bessent Dents U.S.-China Trade Hopes

Stock futures were pointing to losses on Thursday, with investors still trying to make sense of the U.S.-China trade war ...

Sourcing Journal on MSN14h

Tariff Ticker: Trump ‘Chickening Out’ on China?

The president appears to be pulling punches on the triple-digit tariffs he announced earlier this month, saying the duty rate ...

13hon MSN

Trading partners play hardball as Trump administration digs in on tariffs

Treasury Secretary Scott Bessent called China’s economic model “unsustainable” as White House officials indicated trade ...

1d

US Treasury chief expects China tariff impasse to de-escalate, offer markets relief: Source

Wall Street’s major indexes jumped after a news report on the US Treasury chief’s comments. Read more at straitstimes.com.

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