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China, Scott Bessent and trade tensions

Bessent says US will weigh China's failure on 'phase one' trade deal from first term in negotiations

Treasury Secretary Bessent said the Trump administration will weigh China's lack of compliance with the "phase one" trade deal from the president's first term in current negotiations.

NBC News on MSN · 1d

Treasury Secretary Bessent says it's up to China to de-escalate trade tensions

I would guess that India would be one of the first trade deals we would sign. So watch this space,” Bessent added. In addition to his assessment of the situation with China a

Fortune on MSN · 1d

Scott Bessent says it’s China’s responsibility to ‘de-escalate’ trade war

Secretary Treasury Scott Bessent said both the U.S. and China don’t want the trade war to escalate. However, he said it’s China’s responsibility to ensure that doesn’t happen. As the U.S. and China stare each down amid their ongoing trade war,

China, Tariff Hits

The Associated Press on MSN · 2h

Trump's tariffs loom over the economy as shipments from China fall

American businesses are cancelling orders from China, postponing expansion plans and hunkering down to see what trade policy surprises President Donald Trump plans to spring on them next.

CBS News on MSN · 20h

China exports to U.S. fall sharply with 145% tariffs in effect

The drop-off in bookings could lead to empty store shelves this summer as retailers deem China-made goods too expensive to import.

MarketWatch · 1d

China Holding Fire on Stimulus Despite Tariff Hits

President Trump has paused some tariffs on other countries and announced exemptions for some products, and a softened tone on China recently has raised some hopes that a trade deal with Beijing could be struck.

China Is Days Late in Releasing Trade Data as US Shipping Slumps

China is yet to announce regular statistics on trade flows for last week, delaying a closely watched data set as firms cut ...

China Quietly Exempts Key US Goods From Tariffs: Report

The news adds to a growing number of reports from China of businesses discovering that tariffs have been waived on some goods ...

14hon MSN

Port of L.A. executive director says retailers will soon have only about 7 weeks of full inventories left amid U.S.-China trade war

The U.S.-China trade war fallout has begun. The Port of Los Angeles anticipates plummeting cargo traffic until a deal on ...

17h

What does shipping data say about US-China trade disruption?

Official data will come in time, but everyone is impatient and wants information faster. The FT report noted that “scheduled ...

Foreign Affairs3h

How China Armed Itself for the Trade War

The view that the Chinese leadership was desperate to negotiate a trade deal, to avoid economic pain that could destabilize ...

21h

China's Xi Pushes AI and 'Global South' Opportunity Amid US Trade War

Xi's Shanghai trip, his first to China's main international financial hub since November 2023, comes at a time when the ...

6hon MSN

Disney, Universal Films to Screen in China Despite Trade Dispute

China is keeping the door open for Hollywood movies, even with the ongoing trade dispute with the US. Walt Disney Co. won ...

FirstFT: China steps up global propaganda push against US trade war

Also in today’s newsletter, Canada’s Carney prepares to take on Trump, and China’s copper stockpiles set to run out ...

16hon MSN

S&P Global sees credit rating breathing room for trade war rivals US and China

The United States and China are unlikely to see a rapid hit to their credit ratings from a trade war, S&P Global's top ...

1hon MSN

Trump says voters unhappy about the economy and his China trade war should deal with it because 'they did sign up for it actually'

"Well, they did sign up for it, actually. And this is what I campaigned on," Trump said of the reciprocal tariffs he imposed.

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