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Bessent says 'China needs to change' while speaking at Institute of International Finance
Posted
April 23, 2025
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2:19Now PlayingTreasury Secretary Scott Bessent revealed Wednesday that he expects India to strike the first bilateral trade deal to avoid President Trump’s suite of “reciprocal” tariffs — with any potential agreement with China “put to the side” for now.
Bessent told a roundtable of about a dozen reporters that trade talks with India were “very close” to reaching a successful conclusion because the world’s most populous nation doesn’t have “so many high tariffs.”
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#scottbessent #india #tariffs
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