China Trade Escalation Unfortunate, Loss For Them, US Treasury Secretary Says

Reuters2025-04-09

WASHINGTON, April 9 (Reuters) - China's move to impose 84% retaliatory tariffs against the United States is unfortunate and a losing proposition for Beijing, U.S. Treasury Secretary Scott Bessent said on Wednesday.

"I think it's unfortunate that the Chinese actually don't want to come and negotiate, because they are the worst offenders in the international trading system," Bessent said in an interview with Fox Business Network.

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Comments

  • Vanceass
    2025-04-09
    Vanceass
    Well done China, at least you have the guts ,  full respect 
  • Sugarewan
    2025-04-09
    Sugarewan
    American started this tariff war,and Yet keep blaming the others. 
  • Tinymonster
    2025-04-09
    Tinymonster
    Hope both markets crash .. restart the whole world economy 
  • CJCJ
    2025-04-09
    CJCJ
    Let us see who loses out in the end.  What doesn't kill us will make us stronger.  
  • MGoh
    2025-04-09
    MGoh
    US expect China to come to the negotiating table? Who started the tariff? It is tit for tat!
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