US Treasury Secretary Scott Bessent said that the tariff standoff with China can’t last and that he thinks things will calm down.
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US Treasury secretary says trade war with China is not ‘sustainable’
In a private speech in Washington for JPMorgan Chase, Treasury Secretary Scott Bessent added that talks between the US and China had yet to formally start.
US-China Tariff De-Escalation Rumors Drive Crypto Market Toward $3 Trillion
Scott Bessent’s tariff comments briefly fueled a market rally, with Bitcoin showing resilience compared to traditional stocks.
China Mobile stakes a claim on HKBN
The current global trade kerfuffle has not diminished the strategic value of Hong Kong Broadband Networks (HKBN)If anything, it’s sharpened the resolve of the …
China’s humanoid robot half-marathon puts technology’s limits on public display
Videos of robots falling, trembling and struggling to stay upright circulated widely, with only six out of 21 finishing the race.
Trump’s treasury secretary says trade war with China is not ‘sustainable’
But in a private speech for JPMorgan Chase, Scott Bessent also cautioned that talks between the United States and China had yet to formally start.
U.S. doing very well on trade deal with China: White House
The U.S. is doing very well on a potential trade deal with China, the White House press secretary informed. The U.S. is doing very well on a potential trade deal with China, the White House…
Bessent believes China impasse over tariffs will de-escalate
Treasury Secretary Scott Bessent told an investor summit Tuesday that he expects the tariff war between the U.S. and China will de-escalate because the status quo is unsustainable.
8 Practical Steps for Brands Navigating the Current Tariff Turmoil and Trade Wars
The rules of global trade are shifting once again and this time, the impact could be massive for thousands of e-commerce brands. On April 2, 2025, President Donald J. Trump announced sweeping changes …
GT Voice: Innovation solidifies China’s key role in world’s NEV supply chain
The innovation achievements of China’s new-energy vehicle (NEV) industry in key technology areas are providing more diversified technological pathways and supply chain support for the global industry.
Fintech Unicorn GCash May Delay Philippines’ Biggest IPO If US-China Trade War Escalates
Mynt’s IPO, which some analysts expect to raise as much as $1.5 billion later this year, will be the biggest maiden share sale in the Philippines since the 2021 listing of Monde Nissin, which raised…
Trump to impose steep tariffs on Asian solar imports, increasing pressure on China
The Trump administration announced steep tariffs on solar imports from four nations in Southeast Asia, with duties as high as 3,500% on the grounds that the nations act as pass-throughs for products …
Exclusive: ‘China Track’ bank netting system shields Russia-China trade from Western eyes
Major Russian banks have set up a netting payments system dubbed “The China Track” for transactions with China, aiming to reduce their visibility to Western regulators and mitigate the risk of …
