Treasury Secretary Bessent says it's up to China to de-escalate trade tensions

[UpInArms]

Treasury Secretary Scott Bessent on Monday put the responsibility for reaching a trade agreement on China.

“I believe that it’s up to China to de-escalate, because they sell five times more to us than we sell to them, and so these 120%, 145% tariffs are unsustainable,” Bessent said during an interview on CNBC’s “Squawk Box.”

The comments come with markets on edge over the direction of tariffs following President Donald Trump’s April 2 announcement of broad-based global duties. A week later, Trump said he would keep in place 10% across-the-board tariffs but table for 90 days more aggressive levies against individual trading partners.

More drivel at:

https://www.cnbc.com/2025/04/28/treasury-secretary-bessent-says-its-up-to-china-to-de-escalate-trade-tensions.html

They started it when they hit me back!

[Autumn]

1. China didn't start this shit. Orange pus sack started it. He can end it by kissing China's ass.

After he brushes his teeth.

[Johonny]

2. Besides that, negotiations are going great

They got 100 to 200 countries ready to sign deals. Good deals. Big deals. Strong deals.

[Baitball Blogger]

3. It really is like watching crazy people running the government.

[bdamomma]

4. add

dangerous too.

[Tarzanrock]

5. This is some real "twisted" thinking

From the article referenced above -- this is some real "twisted" thinking.
This Turd ass kissing asshole is fucking nuts. This lie makes no sense at all: "“You’re going to see the [European Central Bank] start cutting rates to try to get the Euro back down,” Bessent said. “Europeans don’t want a strong euro. We have a strong-dollar policy.”

Why would Europe not want a "strong" Euro -- you get far more "bang for the buck" with a "strong" Euro against a "weak" dollar? What a lying, duplicitious moron! Remember, this fucking idiot is the US Treasury Secretary!

"In addition to his assessment of the situation with China and other Asian countries, Bessent charged that European nations are likely “in a panic” over the strength of the euro against the U.S. dollar since the trade tensions began. The euro has risen nearly 10% this year against the greenback after the currencies had reached near parity in early January.

“You’re going to see the [European Central Bank] start cutting rates to try to get the Euro back down,” Bessent said. “Europeans don’t want a strong euro. We have a strong-dollar policy.”

Administration officials have sent mixed signals recently regarding the state of negotiations.

Trump last week said he was talking with Chinese officials about trade as they visited Washington. However, other reports indicated that negotiations were not taking place as the officials instead were in town for the World Bank and International Monetary Foundation meetings.

Bessent insisted that the White House will not be conducting negotiations in the press."

[C_U_L8R]

6. Grow up.

Seriously, our country is being run by idiot toddlers.

[dalton99a]

7. Ever the obedient lapdog