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De-escalation with China—or tariffs being lowered from current 145 and 125% rates—has to come first, Bessent says. That could come via talks at the lower level. Only then, it seems, should we expect Trump and Xi to speak and move toward broader, more constructive trade talks

Apr 23, 2025, 4:22 PM

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    "text": "De-escalation with China—or tariffs being lowered from current 145 and 125% rates—has to come first, Bessent says. That could come via talks at the lower level.\n\nOnly then, it seems, should we expect Trump and Xi to speak and move toward broader, more constructive trade talks",
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