bessent china tariffs

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China, Scott Bessent and tariffs

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,

Reuters · 1h

US, China tariffs 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.

Fox Business on MSN · 22h

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.

US has ‘opportunity for a big deal’ with China

Fox Business on MSN · 49m

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.

CBS News · 42m

Treasury chief 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.

The Associated Press on MSN · 18m

The Latest: Treasury secretary says trade war with China is not 'sustainable'

U.S. markets are poised to open with big gains, a clear signs of relief after President Donald Trump said he would not attempt to fire the head of the Federal Reserve and Treasury Secretary Scott Bessent said he expects a "de-escalation" from unsustainable tariffs against China in the trade war between the world's two largest economies.

16mon MSN

Bessent Chides IMF, World Bank as He Says ‘America First Does Not Mean America Alone’

Bessent spoke to the Institute of International Finance as both the International Monetary Fund and World Bank held their ...

16h

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 ...

49mon 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, ...

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 Scott Bessent said Wednesday. "China’s current economic model is built on ...

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.

19hon 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 ...

18h

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 ...

3hon MSN

The Latest: Treasury secretary says Chinese economy should grow up

U.S. markets opened with big gains and clear signs of relief after President Donald Trump said he would not attempt to fire ...

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China, Scott Bessent and tariffs

US has ‘opportunity for a big deal’ with China

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