US Treasury Secretary Scott Bessent has emphasized that China should take the lead in resolving trade tensions with the US, amid uncertainty about ongoing negotiations. In a statement, Bessent highlighted China’s responsibility in de-escalating tensions and hinted at potential discussions with India over tariffs. The remarks come as the US waits for clarity on whether talks are indeed underway between Washington and Beijing.
Source: https://www.barrons.com/articles/tariff-news-today-us-china-trump-a9dbd6e4