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Bessent says China tariffs are not sustainable

Reuters on MSN · 2h

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.

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.

Axios on MSN · 4h

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,

China, Treasury secretary

Associated Press News on MSN · 20h

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.

Fox Business on MSN · 4h

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.

CNN on MSN · 23h

Stocks rebound as US Treasury Secretary says China trade war is unsustainable

Treasury Secretary Scott Bessent told investors Tuesday that the US-China trade war is unsustainable and he expects the battle to de-escalate, a person familiar with the matter confirmed to CNN, giving a boost to a Wall Street rally that had taken shape this morning.

3hon 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.

3mon MSN

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 ...

9h

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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