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It's up to China to de-escalate 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, Trump and tariff

USA TODAY on MSN · 55m

'China probably will eat those tariffs': Trump dismisses tariff costs in ABC interview

"You don't know whether or not China's going to eat it," Trump said of the potential for tariffs on Chinese goods to increase consumer prices.

Reuters · 1d

Amid Trump tariffs, China's trade and economy tsar steps into spotlight

Donald Trump has repeatedly urged Xi Jinping to call him for discussions about a potential trade deal. But any off-ramp to the economic tensions will likely run through Vice Premier He Lifeng, who is Xi's Sino-American trade tsar.

U.S. News & World Report · 1d

China Shrugs off Threat of US Tariffs to Economy, Says It Has Tools to Protect Jobs

China's leaders have shrugged off the potential impact from U.S. President Donald Trump's trade war, saying they have the tools needed to protect jobs and limit damage from higher tariffs on Chinese e

Senate backs China critic Perdue

BBC on MSN · 4h

Senate backs China critic Perdue as ambassador

The US Senate has confirmed that former Georgia Senator David Perdue will become ambassador to China, a key post amid the Trump administration's escalating trade tensions with Beijing. Perdue, who was nominated by Trump during the transition period in December,

POLITICO on MSN · 5h

Senate confirms David Perdue as Trump’s ambassador to China

The former Georgia senator, who has declared that Beijing is “at war” with America, is now tasked with easing U.S.-China tensions.

Seattle Times · 5h

Senate confirms former Sen. David Perdue as Trump’s US ambassador to China amid tariff showdown

The Senate has confirmed former Sen. David Perdue as ambassador to China, just as the U.S. and China are locked in a tariff showdown that threatens to redefine diplomatic relations between the world’s two largest economies.

22m

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 ...

6hon MSN

Port of LA 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 ...

10m

'We want to trade': Vietnam's future caught between the US and China again

They plan to export to the US. They are concerned about the possibility of higher tariffs for Vietnam - it currently faces a ...

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 ...

13h

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 ...

20hon MSN

Dollar limps along on U.S.-China trade standoff

The dollar barely recouped its heavy losses on Tuesday as investors were no clearer on whether a de-escalation of the ...

1hon MSN

China sends a stern video message to Trump: We won’t ‘kneel down’

In a sharp rebuke of President Donald Trump’s trade war, China’s Foreign Ministry posted to social media a striking video ...

China’s GEM Boosts Recycling of Niche Metals Caught in Trade War

GEM Co Ltd., a Chinese battery-materials producer, aims to ramp up its recycling capacity for niche metals that have been ...

23hon MSN

China holds off on new stimulus, shows composure in US trade war

China has advanced this year's stimulus plans but is holding off on fresh measures as it tries to maintain composure, betting ...

4hon MSN

With Canada’s stunning electoral rebuke and doubts over China trade talks, has Trump’s bluster reached its expiration point?

ANALYSIS: Mark Carney’s condemnation of the United States’s ‘betrayal’ is a sign that the world is no closer to submitting to ...

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