China not negotiating tariffs with US, Scott Bessent says
Share this @internewscast.com


() Treasury Secretary Scott Bessent admitted to lawmakers that the U.S. is not currently in negotiations with China when it comes to tariffs.

That comes contrary to President Donald Trump’s repeated claims that China is “ready to deal” and that Chinese President Xi Jinping had called him to discuss trade.

When asked about Bessent’s remarks, Trump again repeated his assertion that China wants to make a deal but admitted there have been no meetings.

While the president put a pause on other tariffs, he has continued his 145% tariff on Chinese goods coming to the U.S. He also removed the de minimis exception that allowed goods under $800 to enter the U.S. without tariffs, a policy relied on by both individual shoppers and small, independent business owners.

In response, China levied its own tariffs on U.S. goods as well as making deals with other countries for goods it typically imports from the U.S.

Xi has denied Trump’s assertions that he is ready to deal, something that appeared to be confirmed by Bessent’s comments to lawmakers on the House Appropriations Committee. He said the U.S. was in talks with major trading partners except for China.

Bessent said deals with some major trading partners were in the works and that he expected the majority of countries would reach a deal by the end of the year.

Already, tariffs have led to a significant slowdown in ships arriving at U.S. ports, with experts warning that consumers could see empty shelves in days to come.

Share this @internewscast.com
You May Also Like

Heroic Rescue: Sevierville Officers Prevent Tragedy on French Broad River Bridge

In a valiant display of quick thinking and compassion, Sevierville police officers…

Iran’s Parliament Convenes Amidst Escalating Protests: Activist Reports Reveal Shocking Death Toll of 116

DUBAI – In a bold declaration on Sunday, Iran’s parliamentary leader cautioned…

Rising Protests in Iran: Israel Keeps a Watchful Eye

In the heart of Tel Aviv, Israeli Prime Minister Benjamin Netanyahu expressed…

Supreme Court Case Could Mark Final Sports Season for Transgender Teen Athlete

WASHINGTON – Becky Pepper-Jackson, a sophomore and talented discus thrower from West…

Florida Unveils Exciting New License Plate Designs for 2023: See What’s Coming to the Sunshine State

TALLAHASSEE, Fla. – As Florida’s legislative session draws near, a flurry of…

Officer-Involved Shooting in Bristol, TN: Man Hospitalized Following TBI Investigation

In the early hours of Saturday, a situation unfolded in Bristol, Tennessee,…

Legendary Grateful Dead Guitarist Bob Weir Passes Away at 78

Bobby’s influence on American music was unmatched, leaving an indelible mark with…

Golden Globes 2026: Your Ultimate Guide to Hollywood’s Award Season Kickoff

The curtain is set to rise on Hollywood’s glitzy awards season with…

Controversy Erupts: Retouched Photos of Israel’s First Lady Spark Ethical Dilemma

JERUSALEM – Photos capturing seemingly significant moments for Israel’s historical archives have…

New Jersey Mourns: Former Acting Governor Richard Codey Passes Away at 79

TRENTON, N.J. – Richard “Dick” Codey, renowned for being New Jersey’s longest-serving…

THP Reports Serious Injury to Woman in I-81 Collision in Greene County

A woman sustained serious injuries following a collision on Interstate 81 in…

Persistent Bear Strikes Gatlinburg Candy Store for a Sweet Heist Again

A bear made an unwelcome return to a Gatlinburg candy store, prompting…