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Bessent Says ‘It’s Up to China to De-Escalate’ in Trade War
Treasury Secretary Scott Bessent said “all aspects” of the US government are in contact with China but that it’s up to Beijing to take the first step in de-escalating the tariff fight with the US due to the imbalance of trade between the two nations.
Scott Bessent told ABC News on Sunday that some of the countries looking to negotiate with Trump should curb their ...
Treasury Secretary Scott Bessent said that there's an opportunity to do a "big deal" with China to reduce tariffs if the ...
I think that the Chinese will see that this high tariff level is unsustainable for their business model,” Scott Bessent said on ABC’s ‘This Week’ on Sunday.
Negotiations with Beijing have yet to start, Scott Bessent adds, voicing belief in a possible deal as markets surge on report ...
Chinese officials rebutted President Donald Trump ’s claim that the U.S. and China are actively negotiating tariffs . Trump ...
Scott Bessent called China’s economic model “unsustainable” as White House officials indicated trade negotiations were ...
President Trump has paused some tariffs on other countries and announced exemptions for some products, and a softened tone on China recently has raised some hopes that a trade deal with Beijing could ...
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