US treasury secretary says ‘there is a path’ with China over tariff negotiations

The Chinese will see this high tariff level is unsustainable for their business,' says Scott Bessent

The US treasury secretary, Scott Bessent, said there is a path" to an agreement with China over tariffs after he had interactions with his Chinese counterparts last week in Washington.

I had interaction with my Chinese counterparts, but it was more on the traditional things like financial stability, global economic early warnings," Bessent told ABC News's This Week on Sunday, explaining that he had spoken to the Chinese during International Monetary Fund meetings in Washington. I don't know if President Trump has spoken with President Xi," he added.