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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.
Trump’s tariffs spark global recession fears as White House hints at trade deal with China: Live updates - The International ...
The White House said Tuesday that it was “setting the stage for a deal with China” on trade as administration officials seek ...
The U.S. already imposed tariffs on some Chinese products of up to 100%. Add that to the 145% in new tariffs and some ...
White House press secretary Karoline Leavitt said the Trump administration has "18 proposals on paper" for trade deals and is ...
President Trump has said China has reached out to negotiate a deal. Another official said the administration has already been ...
Although the administration later rolled back duties on most of those targeted, pending a 90-day pause, the higher 125-percent tax on China has remained largely intact, further escalating the trade ...
China warns president to ‘stop whining’ over tariffs after US curbs Nvidia chip sales in trade war - It comes as President ...
Experts call Trump's raft of tariffs "worse than the worst-case scenario." There's been a pause and exemptions -- with things ...
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