US Treasury secretary says trade war with China is not 'sustainable'
- Posted on April 22, 2025
- By Yahoo News
- 3 Views
US Treasury secretary says trade war with China is not 'sustainable'
U.S. Treasury Secretary Scott Bessent said in a Tuesday speech that the ongoing tariffs showdown against China is unsustainable and expects a "de-escalation" in the trade war between the world's two largest economies. Trump placed import taxes of 145% on China, which has countered with 125% tariffs on U.S. goods.
