scott bessent china tariffs

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China, Scott Bessent and the tariffs

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.

Fox Business on MSN · 2d

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%.

The Hill on MSN · 19h

Bessent: ‘We put China to the side’ in trade negotiations

Treasury Secretary Scott Bessent said late Wednesday that the U.S. has “put China to the side” as administration officials work to negotiate deals with other major trading partners. In an

20h

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.

Trump tariffs live updates: China says 'door is open' to trade talks with the US

China has said it's evaluating approaches from US officials to start negotiations about tariffs, a potential de-escalation in ...

2don MSN

Bessent announces no new trade deals, hints India close

Treasury Secretary Scott Bessent announced no new tariff deals with major trading partners Tuesday but hinted negotiations ...

17h

Trump’s Big U-Turn, Tariffs on China to be Reduced to 50%? | Vantage with Palki Sharma | N18G

Vantage with Palki Sharma | N18G According to reports, US President Donald Trump wants to reduce tariffs on China. From 245% ...

Trump tariffs live updates: Automakers poised for reprieve as Bessent, Lutnick tout deal progress

Some tariff relief is on the way for automakers after the White House confirmed the US will act on Tuesday to alleviate some ...

4don MSN

Treasury Sec Refutes Trump on Chinese Tariffs: ‘Unsustainable’

I think that the Chinese will see that this high tariff level is unsustainable for their business model,” Scott Bessent said on ABC’s ‘This Week’ on Sunday.

19h

Trump’s trade war starts to bite as China’s cargo shipments slump

US tariffs are beginning to take a toll – but some analysts believe Beijing could still achieve 5 per cent GDP target.

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