US EditionBessent does not back up Trump on China tariff discussions
- U.S. Treasury Secretary Scott Bessent did not support President Donald Trump's claim about ongoing tariff talks with China and is unsure if Trump spoke with Chinese President Xi Jinping.
- Bessent mentioned that discussions with his Chinese counterpart focused on financial stability, not tariffs.
- The Chinese side denied that any tariff negotiations were happening.
- Bessent's comments indicate ongoing uncertainty about tariffs, leading to uncertainty in oil prices.
30 Articles
30 Articles
Oil Prices Tick Higher Despite Tariff Talks Confusion
Crude oil prices started trading this week with a gain despite mixed signals from Washington regarding tariff negotiations with China. At the time of writing, Brent crude was trading at $67.03 per barrel, with West Texas Intermediate at $63.22 per barrel, after Treasury Secretary Scott Bessent said on Sunday he was not involved in any talks with Chinese officials. The statement followed claims by President Trump that there were ongoing tariff ta…
Bessent does not back up Trump on China tariff discussions | Honolulu Star-Advertiser
WASHINGTON >> U.S. Treasury Secretary Scott Bessent on Sunday did not back President Donald Trump’s assertion that tariff talks with China were under way and said he did not know if the U.S. president had talked to Chinese President Xi Jinping.
Bessent says he doesn’t know if Trump, Xi have talked on trade
Treasury Secretary Scott Bessent said on Sunday he doesn’t know whether President Trump and Chinese President Xi Jinping have recently discussed tariffs or have begun informal negotiations on trade. In an interview on ABC News’s “This Week,” Martha Raddatz asked the Treasury secretary about apparently conflicting statements from Trump, who has indicated he has talked…
Washington DC, USA.- U.S. Treasury Secretary Scott Bessent Sunday defended President Donald Trump's agitated tariff policy as a way to create "strategic uncertainty" that gives Washington an advantage. Since his return to the presidency in January, Trump has imposed 10 percent tariffs on most U.S. trading partners and an additional 145 percent tax on many products from China. Beijing has responded with 125 percent tariffs on U.S. products. Tens …
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