I wonder how do u make a deal with another party without meeting or having negotiation with the other party? Talking to air? Might as well just say that US will unilaterally lower the tariffs. Say so much just for saving face. Or maybe US will just say a deal made with China without ever meeting with China? Usual tactics from T. I would wonder would China remove the restrictions on rare earth which is more damaging to US than the tariffs...hmmmm


Also more manufacturing in US, how about lower labour cost and are Americans willing to slog in factories? Since the illegal and legal immigrants are deported indiscriminately?

Bessent Sees De-Escalation In US-China Trade Tensions, Talks To Be "A Slog"

UPDATE 1-Bessent sees de-escalation in US-China trade tensions, talks to be 'a slog'Adds details from sources hearing Bessent's presentation, from fourth paragraphBy David Lawder and Nupur Anand. WASHINGTON, April 22 - U.S. Treasury Secretary Scott Bessent said on Tuesday that he believes there will be a de-escalation in U.S.-China trade tensions, but negotiations with Beijing have not yet started and would be a "slog," according to a person who heard his closed-door presentation to investors at a JP Morgan conference.Bessent described the current bilateral trade situation as a two-way embargo, and neither side sees the status quo as sustainable, the person said. Bessent added that the Trump administration's goal was not to decouple the world's two largest economies.Instead, Bessent said that he was hoping for a "big, beautiful rebalancing" of China's economy towards more consumption and the U.S. economy towards more manufacturing, but it was unclear whether Beijing was ready to do th
Bessent Sees De-Escalation In US-China Trade Tensions, Talks To Be "A Slog"

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