Home United States USA — China Treasury Secretary Bessent says it's up to China to de-escalate trade tensions

Treasury Secretary Bessent says it's up to China to de-escalate trade tensions

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Treasury Secretary Scott Bessent on Monday put the responsibility for reaching a trade agreement on China.
« I believe that it’s up to China to de-escalate, because they sell five times more to us than we sell to them, and so these 120%, 145% tariffs are unsustainable », Bessent said during an interview on CNBC’s « Squawk Box.

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