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Despite their denials, China is losing the tariffs war and retreating as fast as it can
America is by far China’s largest customer, absorbing about one-sixth of China’s exports. If the tariffs stay in place for any length of time, economists estimate that 80% of China’s goods will be priced out of the American market, representing a loss of almost $400 billion.
The administration later walked back its initial proposal, and announced April 9 it would immediately hike tariffs on Chinese ...
Treasury Secretary Scott Bessent declined to say whether the U.S. and China are in direct communication and whether President ...
Treasury Secretary Scott Bessent on Wednesday said he believes the Trump administration could strike a deal with China.
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 ...
Scott Bessent told ABC News on Sunday that some of the countries looking to negotiate with Trump should curb their ...
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.
China’s Commerce Ministry says Beijing is evaluating multiple approaches by the Trump administration for trade talks.
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