US Treasury Secretary: "High Possibility of Easing Tariff Disputes with China"

Source
JH Kim

Summary

  • The US Treasury Secretary stated that the tariff disputes with China are not sustainable and are likely to be eased.
  • He emphasized that the United States does not seek decoupling with China.
  • The White House spokesperson stated that President Trump is seeing good progress in trade negotiations with China.

According to Bloomberg News on the 22nd (local time), US Treasury Secretary Scott Bessent stated that the tariff disputes with China are not sustainable and are likely to be eased.

He emphasized, "The United States does not seek decoupling with China."

Meanwhile, White House spokesperson Caroline Levitt stated, "President Trump is seeing good progress in trade negotiations with China and other countries," but specific details of the negotiations were not disclosed.

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JH Kim

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