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Treasury Sec. Bessent says China is ‘ready to make a deal’ to avoid new 100% tariff
Treasury Secretary Scott Bessent tells “Meet the Press” that President Trump and Chinese President Xi are expected to reach a deal to avert a new 100% U.S. tariff on Chinese goods and are likely to meet in person soon, following his talks with Beijing’s top trade negotiator. For more context and news coverage of the most important stories ...
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U.S. and Chinese officials have reached a framework agreement, averting a new 100% U.S. tariff on Chinese goods while also paving the way for a potential trade deal. The apparent progress came during the first leg of Trump’s weeklong diplomacy tour in Asia, easing tensions ahead of a meeting between President Trump and Chinese President Xi Jinping, later this week. CBS News' Ramy Inocencio breaks down what we know so far about the talks. https://cbsn.ws/4oCyhnJ | CBS News
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