WASHINGTON — U.S. Treasury Secretary Scott Bessent said in a Tuesday speech that the ongoing tariffs showdown against China is unsustainable and he expects a “de-escalation” in the trade war between the world’s two largest economies.

"We're doing fine with China," U.S. President Donald Trump said later, but added the tariff rate with China would come down "substantially."{ai:summary}U.S. Treasury Secretary Scott Bessent stated that the current tariffs conflict with China is unsustainable and anticipates a "de-escalation" in the trade war between the two nations. #economy

Trade war with China is unsustainable, ’de-escalation’ expected: U.S. treasury secretary

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