Scott Bessent says Trump's China trade talks 'stalled'
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Treasury Secretary Bessent told NBC that if nations don't want to negotiate with the US, then their tariffs will "spring back to the April 2nd level."
"If we were to give too much certainty to the other countries, then they would play us in the negotiations," Bessent told CNN.
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Treasury Department Secretary Scott Bessent on Sunday warned that tariffs on trading partners could go back to the rate slapped on them on “Liberation Day” last month if they
13don MSN
"So, if we were to give too much certainty to the other countries, then they would play us in the negotiations," Bessent said of ongoing trade talks.
WASHINGTON — Treasury Secretary Scott Bessent acknowledged ... not appear prepared to “eat the tariffs” in full, as Trump has insisted the company and China would do. Bessent said he spoke ...