Treasury Secretary Scott Bessent said Tuesday that he thinks it is likely a trade deal will be inked with China ahead of a looming November tariff deadline.
Bessent said trade talks with China have been gradually improving and are heading in the right direction to reach a deal before President Donald Trump’s tariffs on the Asian nation are set to go into effect in November.
He also said that he expects more talks with Beijing.
Trending: Now we know why Fauci got a pardon
“We’ll be seeing each other again,” Bessent said on CNBC. “Each one of those talks has become more and more productive. I think the Chinese now sense that a trade deal is possible.”
Trump has embarked on the most aggressive tariff rollout in decades, and Bessent is one of the key
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!