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Treasury Secretary Bessent says ‘it’s up to China’ — not the US — to de-escalate trade war

Treasury Secretary Scott Bessent on Monday signaled that a de-escalation of the trade war over President Trump’s harsh tariff rates would have to come from China — not the US.

The New York Times · 19h

Bessent Demurs on Trump’s Claim of Trade Talks With China’s Xi

The Treasury secretary said that the President Trump and Xi Jinping of China have a good relationship but that he was not aware of a call, which Mr. Trump had alluded to last week.

Associated Press News on MSN · 5d

US Treasury secretary says trade war with China is not ‘sustainable’

U.S. Treasury Secretary Scott Bessent said in a Tuesday speech that the ongoing tariffs showdown with China is unsustainable and expects a “de-escalation” in the trade war between the world’s two largest economies.

Sen. Warren Asks Bessent for Details of Investor Meeting

Sen. Elizabeth Warren (D., Mass) asked Treasury Secretary Scott Bessent to disclose details of a closed-door investor meeting ...

4don MSN

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.

5don MSN

Trump says he won’t play ‘hardball’ with China or mention COVID — after Bessent calls tariff standoff unsustainable

Scott Bessent’s reported comments caused shares to briefly spike on Wall Street, with investors watching closely for any ...

The New York Times6d

Treasury Secretary Bessent Predicts Tax Cuts to Pass by July 4

Scott Bessent told a group of investors that he ... eliminate taxes on tips and Social Security income. However, the trade war has roiled markets in recent weeks has dominated the discussion ...

23h

Bessent does not back up Trump on China tariff discussions

WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent on Sunday did not back President Donald Trump's assertion that ...

Tampa Free Press on MSN15h

Treasury Secretary Scott Bessent Says Growing Recession Fears Are ‘Media Driven’

Treasury Secretary Scott Bessent said Sunday that the American public’s growing recession fears are largely “media-driven.” ...

How the US trade war is infecting the global economy

The IMF chief warns of a ‘new and major test’ as it cuts growth projections on the back of the Trump administration’s tariffs ...

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 ...

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