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Bessent says China tariffs are not sustainable

Reuters on MSN · 9h

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.

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.

The Wall Street Journal · 12h

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,

Scott Bessent, China

CBS News on MSN · 10h

Treasury chief Scott 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.

BBC on MSN · 16h

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 says IMF and World Bank need reform and there's an 'opportunity for a big deal' with China

"To the contrary, it is a call for deeper collaboration and mutual respect among trade partners.” Although Bessent said the IMF and the World Bank are “falling short,” he stopped short of calling for the U.

19hon MSN

Scott Bessent says China must move away from export overcapacity and American overreliance: ‘Everyone knows it needs to change’

Treasury Secretary Scott Bessent, in remarks to the Institute of International Finance on Wednesday, said, “America first ...

2h

Stock Futures Fall After Bessent Dents U.S.-China Trade Hopes

Stock futures were pointing to losses on Thursday, with investors still trying to make sense of the U.S.-China trade war ...

12h

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 ...

1don MSN

Bessent sees de-escalation in US-China trade tensions, talks to be 'a slog'

U.S. Treasury Secretary Scott Bessent said on Tuesday that he believes there will be a de-escalation in U.S.-China trade ...

17hon MSN

Bessent tells investors Trump tax cuts could be passed by July 4

Treasury Secretary Scott Bessent said Tuesday that President Trump’s tax cut extension could be approved by July 4. His ...

1don MSN

Global markets rally after Trump walks back Powell attacks and Bessent looks for China ‘de-escalation’

Europe markets made big gains in early trading, with Germany's DAX up over 3%. Futures contracts for the S&P 500, Dow and ...

19h

Treasury's Bessent says 'China needs to change'

U.S. Treasury Secretary Scott Bessent on Wednesday (April 23), in remarks to the Institute of International Finance, said ...

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