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Bessent says China tariffs are not sustainable

Reuters on MSN · 13h

US, China tariffs both 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 but said President Donald Trump would not unilaterally cut tariffs on Chinese imports.

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.

The Wall Street Journal · 13h

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,

Bessent says full China trade deal may take 2 to 3 years

CBS News on MSN · 11h

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.

Fox Business on MSN · 20h

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.

U.S. News & World Report · 18h

Bessent Assails IMF and World Bank and Says There's an 'Opportunity for a Big Deal' With China

Treasury Secretary Scott Bessent has assailed the International Monetary Fund and the World Bank even as he tries to reassure nervous investors the United States will maintain its global leadership ro

Axios on MSN20h

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 ...

Sourcing Journal on MSN15h

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 ...

3h

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 ...

13hon 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 ...

15hon MSN

Trading partners play hardball as Trump administration digs in on tariffs

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

1d

US Treasury chief expects China tariff impasse to de-escalate, offer markets relief: Source

Wall Street’s major indexes jumped after a news report on the US Treasury chief’s comments. Read more at straitstimes.com.

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