The secretary of the US Treasury says President Trump may call off his 100 percent tariff threat on China as negotiations continue.
Plans for United States President Donald Trump to meet his Chinese counterpart Xi Jinping in South Korea in late October remain intact, despite resurgent trade tensions between the two countries, US Treasury Secretary Scott Bessent says.
Speaking to Fox Business Network on Monday, Bessent said the US and China had “substantially de-escalated” after a series of tit-for-tat trade moves that threatened to strain relations and trigg
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