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US and China agree to slash tariffs in trade war de-escalation– business live
Treasury secretary Scott Bessent and US trade representative Jamieson Greer brief the media about trade talks with ChinaWhite House claims China trade deal reached while Beijing hails ‘important first steps’Bessent also suggests there is a possibility of agreeing purchase agreements with China, that could help lift the US trade deficit with China “into balance”.Scott Bessent says there was a consensus from both the US and China delegations at last weekend’s talks that “neither side wants a decoupling”. Continue reading...
Treasury secretary Scott Bessent and US trade representative Jamieson Greer brief the media about trade talks with China
Bessent also suggests there is a possibility of agreeing purchase agreements with China, that could help lift the US trade deficit with China “into balance”.
Scott Bessent says there was a consensus from both the US and China delegations at last weekend’s talks that “neither side wants a decoupling”. Continue reading...
