US EditionTreasury Secretary Bessent says it’s up to China to de-escalate trade tensions
- On April 23, 2025, Treasury Secretary Scott Bessent stated in Washington that China must take the lead to de-escalate ongoing trade tensions with the U.S.
- Bessent’s comments follow reciprocal tariffs of up to 145% by the U.S. And 120% by China, which originated in President Trump's broad tariff announcement on April 2.
- He emphasized that China sells five times more goods to the U.S., and that negotiations with China remain complex while deals with other countries, such as India, are advancing.
- Bessent described the tariffs as “unsustainable” and warned that markets remain volatile amid fears of economic disruption and consumer sentiment hitting lows not seen since 2022.
- The continued trade war risks destabilizing global supply chains and economic growth, highlighting the urgency of a resolution centered on China’s willingness to ease tensions.
44 Articles
44 Articles
Bessent says China could lose 10 million jobs from tariffs
U.S. Treasury Secretary Scott Bessent predicted on Tuesday (April 29) that China could lose 10 million jobs quickly due to tariffs and that Beijing will see over time that Chinese tariffs are not sustainable.
ThePatriotLight - China's Trade War Denials Signal Economic Panic – PJ Media
ThePatriotLight - China's communist regime is getting desperate, folks. While they're busy playing propaganda games and denying any trade negotiations with the Trump administration, Treasury Secretary Scott Bessent just dropped a truth bomb that has Beijing squirming. “Let me make it clear one more time that China and the U.S. are not engaged in any consultation or negotiation on tariffs,” Chinese Foreign Ministry spokesman Guo Jiakun claimed o…
US should stop threatening if it wants to solve problem via dialogue, FM on US Treasury Secretary’s claims ‘it’s up to China to de-escalate’
In response to a question about whether China agrees it’s up to China to de-escalate the situation, after US Treasury Secretary Scott Bessent claimed on Monday that “it’s up to China to de-escalate, because they sell five times more to us than we sell to them” and that “these 125 percent tariffs are unsustainable,” Guo Jiakun, spokesperson for China’s Foreign Ministry, said that China has repeatedly made it clear that there are no winners in tari
Scott Bessent Makes CBS Reporter Look Clueless on Tariff War with China
A CBS News reporter regurgitated communist China’s talking points on the trade war with the U.S. as if Treasury Secretary Scott Bessent was supposed to take them seriously. Surprise: He didn’t take the bait.
Bessent Warns: China Could Lose 10 Million Jobs From Tariffs
Treasury Secretary Scott Bessent says U.S. tariff strategy is twofold: strike fair deals with trading partners while using revenue to potentially lower income taxes. Echoing Donald Trump’s “external revenue service” concept, Bessent said tariff income could help eliminate federal income taxes for Americans. “Chinese tariffs are unsustainable,” Bessent warned, predicting up to 10 million Chinese job losses if the current trade imbalance holds. He…
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