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China, scott bessent

Fox Business on MSN · 1d

US tariffs could cost China 5–10 million jobs, 'onus' on Beijing, Bessent says

The administration later walked back its initial proposal, and announced April 9 it would immediately hike tariffs on Chinese goods to 145%, but scale back reciprocal tariffs on other countries for 90 days to a baseline of 10%. In response, China proceeded to boost its tariffs on U.S. goods to 125%.

Reuters on MSN · 1d

Bessent says China could lose 10 million jobs from tariffs

U.S. Treasury Secretary Scott Bessent predicted on Tuesday that China could lose 10 million jobs quickly due to tariffs and that Beijing will see over time that Chinese tariffs are not sustainable.

The Wall Street Journal · 1d

Treasury Secretary Bessent Says ‘Onus’ on China to Reduce Tariffs

Treasury Secretary Scott Bessent declined to say whether the U.S. and China are in direct communication and whether President Trump has been in touch with President Xi.

Amazon S3 on MSN1d

U.S- China Trade War: Scott Bessent Drops BOMBSHELL in China Tariff Clash—Hints at Major Fallout

U.S. Treasury Secretary Scott Bessent declined to confirm direct tariff negotiations with China, suggesting that Beijing ...

1don MSN

Bessent says US will weigh China's failure on 'phase one' trade deal from first term in negotiations

Treasury Secretary Bessent said the Trump administration will weigh China's lack of compliance with the "phase one" trade ...

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