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China, Scott Bessent and tariffs

Axios on MSN · 1h

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,

The Washington Post on MSN · 31m

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

Treasury Secretary Scott Bessent said Wednesday that President Trump will not reduce tariffs on China without an agreement by both governments to deescalate their trade conflict.

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

Seeking Alpha on MSN · 27m

Bessent says full China trade deal may take two to three years - report

The U.S. has made no unilateral offer to reduce tariffs on China, U.S. Treasury Secretary Scott Bessent said on Wednesday, according to a media report. On Tuesday, President Donald Trump said that U.S.

Fox Business on MSN · 1h

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 on MSN · 1h

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.

39mon MSN

Trump Floats Lowering Chinese Tariffs—Latest Big Tariff Flip-Flop Since ‘Liberation Day’

Trump and his aides have repeatedly shifted their stance on tariffs in the weeks since the president’s “Liberation Day” ...

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 ...

21h

Trump tariffs live updates: Bessent hints at deescalation with China as US, India progress on trade deal

Wall Street eyed signs of progress on key trade fronts Tuesday, as Treasury Secretary Scott Bessent hinted at deescalation ...

1hon 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, ...

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