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Bessent Expects Tariff Standoff With China to De-Escalate

Markets

Daniel Flatley, Jorgelina Do Rosario, Kerim Karakaya

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April 22, 2025

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Bloomberg

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.

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