Scott Bessent
US and China Agree to Slash Tariffs by 115% for 90 Days
The United States and China have reached a deal to significantly cut import tariffs on each other’s goods for a 90-day period, reducing levies by up to 115%. US Treasury Secretary Scott Bessent announced the agreement after two days of high-stakes negotiations in Geneva, aimed at diffusing escalating economic tensions that have impacted global trade […]
Trump Considers Reducing China Tariffs by 80% in Major Policy Shift
In a recent social media post, U.S. President Donald Trump signaled a potential reduction in the hefty tariffs imposed on Chinese imports. As the trade dispute between the two largest economies in the world continues, Trump’s remarks have raised hopes that a breakthrough could be on the horizon, especially with crucial trade talks scheduled over […]