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Treasury chief Bessent says US ‘not yet’ talking to China on tariffs 

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Donald Trump
President Donald Trump in the Oval Office of the White House on Tuesday, April 22, 2025, in Washington, DC [Alex Brandon/AP Photo]
  • United States Treasury Secretary Scott Bessent says there needs to be a rebalancing of trade relations with China before “deescalation” and a “big deal” between the two largest economies.
  • Beijing says using “pressure” to demand changes on trade will not work and that the talks need to proceed on the basis of equality and respect.

 

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