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China, Bessent

Fox Business on MSN · 13h

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.

CNBC on MSN · 14h

Bessent says he expects 'de-escalation' in U.S.-China tariff fight in the 'very near future'

Stocks, already recovering from the prior day's sell off, soared higher on news of the remarks from Trump Treasury Secretary Scott Bessent.

Bloomberg · 15h

Bessent Expects Tariff Standoff With China to De-Escalate

US Treasury Secretary Scott Bessent told a closed-door investor summit Tuesday that the tariff standoff with China is unsustainable and that he expects the situation to de-escalate.

China, Trump and tariffs

USA TODAY on MSN · 7h

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 about a trade deal.

Newsweek on MSN · 6h

Trump Official Says Tariff War With China 'Unsustainable'

Treasury Secretary Scott Bessent told private investors during a meeting on Tuesday that the spiraling trade war between the United States and China was unsustainable and that he expects a "de-escalation" soon, according to a report from the Associated Press (AP). Newsweek has reached out to the White House for comment on Tuesday.

U.S. News & World Report · 1h

China's President Xi Says Tariffs and Trade Wars Hurt World Economic Order

BEIJING (Reuters) -Chinese President Xi Jinping said on Wednesday that tariff and trade wars undermine the legitimate rights and interests of all countries, hurt the multilateral trading system and impact the world economic order,

4h

Trump tariffs live updates: Trump says China tariffs won't stay at 145%, Bessent hints at deescalation

It won't be zero. It used to be zero." Trump's comments came after Bessent told investors in a closed-door summit Tuesday ...

11hon MSN

Stock market rallies after Treasury Secretary Bessent tells a closed-door investor summit that the tariff standoff with China is unsustainable

The rally was triggered in part by remarks that Treasury Secretary Scott Bessent delivered at a closed-door investor summit ...

4hon MSN

US Treasury secretary says trade war with China is not ‘sustainable’

WASHINGTON (AP) — U.S. Treasury Secretary Scott Bessent said in a Tuesday speech that the ongoing tariffs showdown against ...

9hon MSN

Trump says he won’t play ‘hardball’ with China or mention COVID — after Bessent calls tariff standoff unsustainable

Scott Bessent’s reported comments caused shares to briefly spike on Wall Street, with investors watching closely for any ...

6mon MSN

Chinese PM writes to Japan stressing need to jointly fight Trump’s tariffs

China has reportedly urged Japan for a coordinated response to tariffs imposed on both nations by US president Donald Trump.

8h

Trump says he won’t ‘play hardball’ with China and expects tariff deal to happen ‘pretty quickly’

President Donald Trump said Tuesday he isn't going to "play hardball" with China during tariff negotiations and believes a ...

9h

Treasury Secretary Bessent Predicts Tax Cuts to Pass by July 4

Treasury Secretary Scott Bessent said on Tuesday that he thought an extension of President Trump’s 2017 tax cuts could be ...

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