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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 · 9h

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.

China, Bessent and 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.

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.

The Wall Street Journal · 6h

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,

28mon MSN

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 ...

4h

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 ...

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 ...

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 ...

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 ...

14h

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.

1don 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 ...

1don 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 ...

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