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US Treasury chief calls tariff war with China unsustainable and expects it to ease
Negotiations with Beijing have yet to start, Scott Bessent adds, voicing belief in a possible deal as markets surge on report ...
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 ...
US Treasury's Bessent Urges Asian Development Bank to Move Towards Ending China Loans
WASHINGTON (Reuters) - U.S. Treasury Secretary Scott Bessent urged Asian Development Bank President Masato Kanda to take ...
US, China tariffs both 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 ...
US Treasury secretary says trade war with China is not ‘sustainable’
U.S. Treasury Secretary Scott Bessent said in a Tuesday speech that the ongoing tariffs showdown with China is unsustainable ...
Bessent Says He Expects China Trade Tensions Will De-Escalate
Treasury Secretary Scott Bessent said at a closed-door JPMorgan investor summit that he expects trade tensions with China to ...
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 ...
Trump tariffs live updates: Trump, China at odds on progress as Bessent hints at quick deal with South Korea
Treasury Secretary Scott Bessent hinted that the US and South Korea could reach a trade agreement as early as next week, ...