US EditionUS has yet to launch trade negotiations with China, Treasury secretary says
- Treasury Secretary Scott Bessent testified to Congress on May 6 that no trade negotiations have occurred with China since Trump’s April 2 tariff policy announcement.
- The absence of talks contrasts with President Trump’s claims and China’s Communist Party denial that any negotiations have taken place.
- Bessent confirmed ongoing negotiations with 17 other trading partners amid bipartisan Congressional scrutiny of tariff-related deals.
- Concerns about a possible recession and economic uncertainty persist, as Bessent expects significant cuts in tariffs, currency manipulation, and subsidies.
- The testimony suggests trade policy challenges remain unresolved and that tariff adjustments could affect future economic conditions.
25 Articles
25 Articles
US Treasury's Bessent says China 'negotiations' to start Saturday without Navarro
WASHINGTON (Reuters) - U.S. Treasury Secretary Scott Bessent on Wednesday described a meeting with Chinese officials on trade starting on Saturday as "negotiations," and said that White House trade adviser Peter Navarro will not be joining him and U.S. Trade…
US stocks drop as Bessent confirms no China trade talks, Trump says US doesn’t ‘have to sign’ deals
US stocks seesawed Tuesday after Treasury Secretary Scott Bessent confirmed that trade talks with China have not started – contradicting President Trump, who added that the US doesn’t “have to sign” any deals.
U.S.-China Tariff Meetings To Happen at the Right Time: Trump - teleSUR English
‘They want a piece of our market. We don’t want a piece of theirs. We don’t care about their market,’ he said. On Tuesday, U.S. President Donald Trump admitted that his administration has not yet held a meeting with China regarding tariffs, despite having claimed otherwise in recent weeks. RELATED: Venezuela´s President Nicolás Maduro Denounces Trump’s Sanctions as Harmful to Chevron and Promises Increased Venezuelan Oil Production “They want to…
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