US Treasury secretary says trade war with China is not ‘sustainable’
[caption id="attachment_11551" align="alignnone" width="1440"] (AP Photo/Alex Brandon)[/caption] WASHINGTON (AP) - 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. But in a private speech in Washington for JPMorgan Chase, Bessent also cautioned that talks between the United States and China had yet to formally start. U.S. President Donald Trump placed import taxes
