US-Chinese trade talks ‘stalled’ – Treasury Secretary
Donald Trump
Negotiations over tariffs are progressing more slowly than expected, Scott Bessent says The trade negotiations between the US and China have “stalled” and may require intervention by the countries’ leaders, US Treasury Secretary Scott Bessent has said. In April, US President Donald Trump raised duties on Chinese goods to as high as 145%, citing what he described as an unfair trade imbalance. Beijing responded by hiking its own tariffs to 125%. Earlier this month, the two countries agreed to
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