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US has ‘opportunity for a big deal’ with China

HuffPost on MSN · 1h

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 · 10h

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.

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.

Bessent Comments On China Tariffs

Reuters on MSN · 3h

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 · 7h

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,

Fox Business on MSN · 1d

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.

4h

Trump tariffs live updates: Bessent says there's 'no unilateral offer' to slash tariffs on China

Treasury Secretary Scott Bessent denied a Wall Street Journal report that the White House is considering unilaterally ...

8h

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 ...

2h

Bessent Says U.S. Wants to Help China Pivot Away From Exports

The U.S. wants to help China pivot away from an economic model focused on exports instead of consumption, Treasury Secretary ...

10hon 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 ...

5h

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 ...

4hon 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 ...

15h

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.

3hon MSN

Trump U-Turns on Powell, China Follow Dire Economic Warnings

Confronted with fresh warnings from financial markets, business leaders and top advisers, President Donald Trump this week ...

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