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Bessent says China tariffs are not sustainable

Reuters on MSN · 4h

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.

Yahoo Finance · 8h

Trump tariffs live updates: Bessent says there's 'no unilateral offer' to slash tariffs on China

Treasury Secretary Scott Bessent denied a Wall Street Journal report that the White House is considering unilaterally slashing tariffs on Chinese imports, saying that both sides need to mutually take down tariff levels before trade talks can begin.

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,

China, Scott Bessent

CBS News on MSN · 4h

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.

Associated Press News on MSN · 6h

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

Treasury Secretary Scott Bessent has played a balancing act trying to reassure nervous investors that the U.S. would maintain its global leadership role while staying true to the Trump administration’s skepticism of multilateral banking organizations.

BBC on MSN · 11h

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.

6h

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 ...

12hon MSN

Treasury Secretary Scott Bessent says China has ‘opportunity for a big deal’ with US as trade war appears to cool

Speaking in the Oval Office after a brief swearing-in ceremony for Securities and Exchange Commission Chair Paul Atkins on ...

14h

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 ...

13hon 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 ...

1d

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 ...

9hon MSN

Treasury Secretary Suggests China Tariffs Could Be Lowered 'In A Mutual Way'

U.S. Treasury Secretary Scott Bessent said on Wednesday that he believes that excessively high tariffs between the U.S. and ...

19hon 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 ...

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