scott bessent tariffs china

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China, Scott Bessent and the tariffs

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 · 3d

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 · 3d

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.

China says its open to engage in trade talks with U.S.

The Associated Press on MSN · 7h

China says it’s evaluating US overtures for trade talks, but tariffs remain an obstacle

China’s Commerce Ministry says Beijing is evaluating multiple approaches by the Trump administration for trade talks.

Fox News on MSN · 13h

China open to talks with Trump admin on lowering tariffs, ministry says

China said on Friday that it was "evaluating" a U.S. offer to hold talks on tariffs, signaling a possible shift in the trade war between the world's two largest economies.

The Washington Post · 1d

China signals, ever so obliquely, that it’s more open to trade talks

After three months of bluster and huge tariffs on both sides, Beijing and the Trump administration are softening their language on holding negotiations.

Treasury Secretary Bessent signals US advantage in tariff battle as China's economy crumbles

Treasury Secretary Scott Bessent is "confident" that China wants to reach a trade deal as the U.S. adversary's economy shows signs of slowing down to "devastating" lows.

4don MSN

Scott Bessent says it’s China’s responsibility to ‘de-escalate’ trade war

As I repeatedly said, I believe that it’s up to China to de-escalate, because they sell five times more to us than we sell to ...

4don MSN

Treasury Secretary Bessent says ‘it’s up to China’ — not the US — to de-escalate trade war

Treasury Secretary Scott Bessent on Monday signaled that a de-escalation of the trade war over President Trump’s harsh tariff ...

5don MSN

Treasury Secretary Scott Bessent defends the 'strategic uncertainty' of Trump's trade talks: 'Nobody's better at creating this leverage'

Scott Bessent told ABC News on Sunday that some of the countries looking to negotiate with Trump should curb their ...

8hon MSN

Low-cost packages to start feeling the weight of Trump tariffs

The de minimis exemption for low-value packages expired, sending prices for cheap online Chinese goods skyrocketing.

Yahoo Finance3d

Scott Bessent says China could lose 10 million jobs 'very quickly' if tariffs don't drop

Treasury Secretary Scott Bessent on Tuesday said the "onus" is on China to bring down its tariffs as he outlined how many jobs the world's second-largest economy stands to lose in a trade war.

Video: Bessent Declines to Say Whether Trump Has Spoken to China’s Xi

Treasury Secretary Scott Bessent declined to say whether the U.S. and China are in direct negotiations over tariffs and if President Trump has been in touch with President Xi. "They have a different ...

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