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Bessent says China tariffs are not sustainable

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.

The Wall Street Journal · 5h

Bessent Says Trump Hasn’t Made Unilateral Offer to Cut Tariffs on China

President Trump hasn’t offered to take down U.S. tariffs on China on a unilateral basis, Bloomberg News quoted Treasury Secretary Scott Bessent as saying. Bessent answered questions from reporters Wednesday,

Yahoo · 6h

Trump vows 'fair deal' with China; Bessent says tariffs need to fall

STORY: TRUMP: "We are going to have a fair deal with China. It's going to be fair."President Donald Trump told reporters outside the White House on Wednesday that the U.S. was still "actively" negotiating with China on trade.

US has ‘opportunity for a big deal’ with China

HuffPost on MSN · 4h

Treasury Secretary Suggests China Tariffs Could Be Lowered 'In A Mutual Way'

WASHINGTON, April 23 (Reuters) - 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 but said President Donald Trump would not unilaterally cut tariffs on Chinese imports.

Fox Business on MSN · 13h

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.

BBC · 10h

Opportunity for big US-China trade deal, says Bessent

The comments from the US Treasury Secretary come as the trade war between the world's two biggest economies has escalated.

3hon MSN

Treasury's Bessent sees "an opportunity for a big deal" with China

Treasury Secretary Scott Bessent on Wednesday said the Trump administration has an "opportunity for a big deal" on trade ...

6hon 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 ...

13hon MSN

President Trump says tariffs on China will 'come down substantially'

President Trump said 145% tariffs on Chinese imports will "come down substantially" as his administration expressed optimism ...

Tariff Ticker: Trump ‘Chickening Out’ on China?

The president appears to be pulling punches on the triple-digit tariffs he announced earlier this month, saying the duty rate ...

Trading partners play hardball as Trump administration digs in on tariffs

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

13hon 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, ...

Bessent Tells Investors He Expects Trade Tension With China to De-Escalate

Treasury Secretary Scott Bessent on Tuesday reassured attendees of a closed-door JPMorgan investor summit that he expects the trade war with China to de-escalate, according to people in the room for ...

18hon MSN

China Tries to Turn Key US Ally Against Trump

China and Japan have been hit with tariffs as U.S. President Donald Trump demanded that the two countries negotiate a trade deal.

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