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US-China Trade Relations Remain Stable, Says Treasury secretary
Treasury Secretary Scott Bessent has indicated that the united States is content with the current trade relationship with China,suggesting no immediate changes to the existing trade truce.
According to Secretary Bessent, the U.S.is “very happy” with the present tariff situation with China, signaling a likely continuation of the trade truce. This comes after President Donald Trump extended the truce earlier this month for another 90 days, averting a scheduled increase in tariffs on Chinese goods.
In an interview on Fox News, Bessent stated, “China is right now the biggest revenue line in the tariff income-so
