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Bessent says China tariffs are not sustainable

Reuters on MSN · 58m

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 · 38m

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,

CNBC on MSN · 2h

Bessent on tariffs: Expect duties on China to come down first then talks will proceed

CNBC's Megan Cassella reports on news regarding the US and China.

China, Bessent

CBS News on MSN · 2h

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 between the U.S. and China, providing a hint that a brutal tariff war between the two nations could ease up.

Fox Business on MSN · 3h

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.

The Associated Press - Busines… · 2h

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

2hon MSN

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 ...

3hon 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 ...

3hon 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, ...

5h

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 ...

1d

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 ...

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