Bessent says US, Chinese officials considering lowering tariffs on ‘noncritical’ items

Cutting China Tariffs Won’t Cut Prices

Treasury Secretary Scott Bessent says the United States and China are considering lowering tariffs on "noncritical" items — the consumer goods that fill American shopping carts — as part of the package being assembled around this week's Trump-Xi summit.

Bessent says US, Chinese officials considering lowering tariffs on ‘noncritical’ items

Treasury Secretary Scott Bessent says the US and China will consider lowering tariffs on non-critical goods ahead of President Trump hosting Xi Jinping in Washington.