Bessent Expects Tariff Standoff With China to De-Escalate

Bessent Expects China Tariff Standoff to De-Escalate

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Daniel Flatley, Jorgelina Do Rosario, and Kerim Karakaya

April 22, 2025 at 3:55 PM UTC

Updated on

April 22, 2025 at 9:40 PM UTC

Supply Lines is a daily newsletter that tracks global trade. Sign up here.

US Treasury Secretary Scott Bessent told a closed-door investor summit Tuesday that the tariff standoff with China cannot be sustained by both sides and that the world’s two largest economies will have to find ways to de-escalate.