US Treasury Secretary Benson: No one thinks tariffs on China can continue

Odaily Planet Daily News: In an exclusive interview with Bloomberg, U.S. Treasury Secretary Bessant said that the current level of tariffs on China is unsustainable and a "major agreement" will be reached in the future. He also said that negotiations with some allied countries on the United States' reciprocal tariffs are progressing rapidly, and hinted that other countries should conduct trade negotiations with the United States as soon as possible. In an interview, Bessant responded to the current U.S. tariffs on China, saying that the current tariff figures are very high and are not a problem that can be laughed off. "I think no one thinks they are sustainable, and no one wants them to last forever." He said, "There’s a big deal to be done at some point in the future." (Caixin)