Opportunity for big US-China trade deal, says Bessent

Quick Summary:

The comments from the US Treasury Secretary come as trade war between the world's two biggest economies has escalated.

The country knows it needs to change.

These include import taxes of up to 145% on Chinese goods, but China has hit back with a 125% tax on US products.

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Article Details

Category: Business

Markets: United KingdomChina

Topics: Asked Opportunity Countries Needs Trade Change Manufacturing Bessent Tariffs China

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-23 @ 15:34:02 (15 hours ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 472 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 28174648

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Official Website: bbc.co.uk

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Year Established: 1922

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