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Bessent says China tariffs are not sustainable

Reuters on MSN · 13h

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.

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: 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.

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

CBS News on MSN · 14h

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 · 23h

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 · 21h

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

16hon MSN

White House eases tone on tariffs on China but won’t be cutting them soon, it says

Treasury Secretary Scott Bessent said President Trump will not reduce tariffs on China without an agreement by both ...

6hon MSN

China says no ongoing trade talks with the U.S., calls for canceling 'unilateral' tariffs

U.S. President Donald Trump and U.S. Treasury Secretary Scott Bessent this week indicated that there might be an easing in ...

18hon MSN

Trading partners play hardball as Trump administration digs in on tariffs

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

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.

The Economist1h

Expect more chaos in Donald Trump’s tariff policies

In the process he has raised the average effective tariff on goods entering America from 2.5% last year to about 20%, the ...

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