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China, Scott Bessent

Axios on MSN · 25m

Bessent: Status quo with China unsustainable, but no unilateral tariff cuts

The trade war with China is "unsustainable" in its current form, Treasury Secretary Scott Bessent said Wednesday, but the U.S. will not move unilaterally to reduce tariffs. Why it matters: As recession worries grow,

US, China tariffs need to fall for trade talks to start, Bessent says

U.S. Treasury Secretary Scott Bessent said on Wednesday that he believes that excessively high tariffs between the U.S. and China will have to come down before trade negotiations can proceed.

Fox Business on MSN · 22h

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.

US has ‘opportunity for a big deal’ with China

Fox Business on MSN · 48m

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.

CBS News · 42m

Treasury chief 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.

The Associated Press on MSN · 18m

The Latest: Treasury secretary says trade war with China is not 'sustainable'

U.S. markets are poised to open with big gains, a clear signs of relief after President Donald Trump said he would not attempt to fire the head of the Federal Reserve and Treasury Secretary Scott Bessent said he expects a "de-escalation" from unsustainable tariffs against China in the trade war between the world's two largest economies.

15mon MSN

Bessent Chides IMF, World Bank as He Says ‘America First Does Not Mean America Alone’

Bessent spoke to the Institute of International Finance as both the International Monetary Fund and World Bank held their ...

49mon MSN

Stocks Surge As Trump Softens On China Tariffs—S&P 500 Heads To 2nd-Biggest Gain Since 2022

Stocks rocketed Wednesday as President Donald Trump appeared to back off some of his stances most disliked by Wall Street, ...

7h

Trump tariffs live updates: Trump says China tariffs won't stay at 145%, Bessent hints at deescalation

Wall Street looked for trade progress Tuesday as President Trump and Treasury Secretary Scott Bessent hinted at tariff ...

2h

US Treasury Secretary To Speak Amid Tariff Turmoil

Scott Bessent's speech comes a day after he reportedly said the US-China trade war was unsustainable, and the IMF downgraded ...

4h

China says US should stop threats if it wants tariffs agreement

China says the U.S. should stop threats and coercion if it wants an agreement on tariffs:: April 23, 2025:: Beijing, China:: ...

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