Bessent sees de-escalation in US-China trade tensions, talks to be 'a slog' Bessent sees de-escalation in US-China trade tensions, talks to be 'a slog'
WEDNESDAY, APRIL 23, 2025
US Treasury Secretary Scott Bessent said on Tuesday that he believes there will be a de-escalation in US-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.