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US and China Have Opportunity for 'Big Deal' on Trade: Bessent
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April 23, 2025
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0:49Now PlayingTreasury Secretary Scott Bessent says there is “an incredible opportunity” for the US and China to work on what he terms a “beautiful rebalancing” of a more domestic economy for China and more manufacturing for the US. He spoke Wednesday at an IIF event. Bessent said that President Donald Trump hasn’t offered to take down US tariffs on China on a unilateral basis.
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