Reciprocal Tariffs Latest: Trump's Treasury Secretary Bessent's Three-Word Threat To World Leaders
Video Credit: Oneindia - Duration: 03:17s - Published
Reciprocal Tariffs Latest: Trump's Treasury Secretary Bessent's Three-Word Threat To World Leaders
U.S. Treasury Secretary Scott Bessent warns nations not to retaliate against Trump’s sweeping tariffs, stating that escalation will follow if countries strike back.
Bessent assures markets that tariff rates will remain fixed if no retaliation occurs.
He urges patience, saying trade policies aim for long-term growth.
U.S. Treasury Secretary Scott Bessent declined to confirm direct tariff negotiations with China, suggesting that Beijing faces severe economic fallout if current trade barriers persist. Speaking to reporters, Bessent cited potential Chinese job losses in the millions and argued that the U.S. trade deficit puts pressure on China to act. While avoiding specifics on communications, he hinted at the unsustainable nature of China’s tariff stance. Beijing denies ongoing talks. The standoff continues, clouded by diplomatic silence and sharp warnings of economic instability from Washington.
#ScottBessent #ChinaTariffs #USChinaTensions #TradeWar #JobLosses #XiJinping #TrumpAdmin #WhiteHousePress #BeijingEconomy #TariffTalks #EconomicCrisis #USDeficit #TradeDeficit #GlobalTrade #FinancialStability #SupplyChainCrisis #Geopolitics #ChinaJobs #USPolicy #BidenVsChina
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Tariff War: Treasury Secretary Scott Bessent addressed pressing concerns about supply chain shocks and progress on trade deals with key Asian allies. Amid declining Chinese cargo shipments, Bessent dismissed fears of disruptions, praising U.S. retailers’ preparation. He hinted at imminent trade announcements with India and ongoing negotiations with South Korea and Japan, emphasizing that election cycles abroad are accelerating—not delaying—talks. Bessent characterized India as an “easier” partner due to its transparent tariff regime. The conversation reflects rising urgency in reshaping global trade relationships amid shifting geopolitical currents.
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As Chancellor Rachel Reeves meets her counterpart, US treasury secretary Scott Bessent to discuss an "economic agreement" between the two countries, the latest.. Sky News
President Trump signals a potential rollback of his steep China tariffs, saying they’ll “come down substantially, but won’t be zero.” His comments follow Treasury Secretary Scott Bessent’s prediction of a “de-escalation” in the trade war, calling current rates unsustainable. Trump imposed 145% tariffs on Chinese goods, prompting 125% retaliation from Beijing. As markets rebound and interest rate fears rise, insiders suggest change is coming—but Trump insists, “We’re doing fine with China.” Is a new phase of U.S.-China trade about to begin?
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Spain's Pedro Sánchez aims for closer trade ties with China amid US tariffs uncertainty
Washington has criticised Spain's outreach to China with Treasury Secretary Scott Bessent saying cosying up to Beijing is like 'cutting your own throat.'
READ MORE : http://www.euronews.com/2025/04/10/spains-pedro-sanchez-aims-for-closer-trade-ties-with-china-amid-us-tariffs-uncertainty
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Credit: euronews (in English) Duration: 01:20Published
President Trump indicated that tariff discussions with India are progressing positively, raising hopes for a potential agreement. Both nations are actively.. IndiaTimes
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U.S. Treasury Secretary Scott Bessent has admitted that the ongoing tariff war with China, sparked by President Donald Trump's massive 245% tariffs, is "unsustainable."..
U.S. Treasury Secretary Scott Bessent has admitted that the ongoing tariff war with China, sparked by President Donald Trump's massive 245% tariffs, is "unsustainable."..
Elon Musk and Treasury Secretary Scott Bessent got into a heated shouting match inside the White House over who should lead the IRS. Musk backed Gary Shapley, while Bessent pushed for his deputy..
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