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Trump Says He Won't Play Hardball With China's Xi
Posted
April 23, 2025
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52,872
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April 23, 2025
52,872
451
125
1.09%
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0:23Now PlayingUS Treasury Secretary Scott Bessent told a closed-door investor summit Tuesday that the tariff standoff with China cannot be sustained by both sides and that the world’s two largest economies will have to find ways to de-escalate. #trump #china #tariffs
That de-escalation will come in the very near future, Bessent said during an event hosted by JPMorgan Chase & Co. in Washington, which wasn’t open to the public or media. He characterized the current situation as essentially a trade embargo, according to people who attended the session.
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