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5 cards China holds in a trade war with US

Five cards China holds in a trade war with the US

A trade war between the world's two biggest economies is now in full swing. Chinese exports to the US face up to 245% tariffs, and Beijing has hit back with a 125% levy on American imports. Consumers,

Newsweek on MSN · 21h

Trump Official Says Tariff War With China 'Unsustainable'

Treasury Secretary Scott Bessent told private investors during a meeting on Tuesday that the spiraling trade war between the United States and China was unsustainable and that he expects a "de-escalation" soon, according to a report from the Associated Press (AP). Newsweek has reached out to the White House for comment on Tuesday.

U.S. News & World Report · 9h

The Latest: Treasury Secretary Says Trade War With China Is Not ‘Sustainable’

U.S. markets are poised to open with big gains, a clear signs of relief after President Donald Trump said he would not attempt to fire the head of the Federal Reserve and Treasury Secretary Scott Bess

China to launch Shenzhou-20 spaceflight

Space.com · 1h

Watch live as China launches Shenzhou 20 astronauts to Tiangong space station on April 24

A Long March 2F rocket topped with the Shenzhou 20 crew spacecraft is scheduled to lift off from the Jiuquan Satellite Launch Center in northwest China on April 24 at 5:17 a.m. EDT (0917 GMT; 5:17 p.m. Beijing time). Space.com will webcast the launch here, courtesy of CCTV.

Reuters · 7h

China set for Shenzhou-20 spaceflight launch on Thursday

China is set to launch its Shenzhou-20 mission that will carry three astronauts to the Chinese space station Tiangong at 5.17 p.m. on Thursday (0917 GMT), state media said on Wednesday.

Yahoo · 6h

China reveals Shenzhou 20 astronaut crew launching to Tiangong space station

China just unveiled the three astronauts set to launch aboard Shenzhou 20 to the Tiangong space station on April 24. The Shenzhou 20 mission is due to launch on a Long March 2F rocket from Jiuquan Satellite Launch Center at 5:17 a.

Bessent says China tariffs are not sustainable

Reuters on MSN · 4h

Bessent says China tariffs are not sustainable as US signals willingness to de-escalate

U.S. Treasury Secretary Scott Bessent said on Wednesday that high tariffs between the United States and China are not sustainable, as President Donald Trump's administration signaled openness to de-escalating a trade war between the world's two largest economies that has raised fears of recession.

U.S. News & World Report · 1d

Bessent Sees De-Escalation in US-China Trade Tensions, Talks to Be 'A Slog'

U.S. Treasury Secretary Scott Bessent said on Tuesday that he believes there will be a de-escalation in U.S.-China trade tensions, but described future negotiations with Beijing as a "slog" that has not started yet,

Bloomberg on MSN · 6h

Bessent Says No Unilateral US Offer to Cut Tariffs on China

Treasury Secretary Scott Bessent said that President Donald Trump hasn’t offered to take down US tariffs on China on a unilateral basis.

China, Bessent

CNN on MSN · 5h

Treasury secretary: China needs to change

Treasury Secretary Scott Bessent said it’s crucial for China to change its economic structure. His comments come one day after he said he expects de-escalation with regard to the trade war with China.

CBS News on MSN · 6h

Treasury's Bessent sees "an opportunity for a big deal" with China

Treasury Secretary Scott Bessent on Wednesday said he believes the Trump administration could strike a deal with China.

The Financial Times · 22h

Scott Bessent admits US-China trade deal will be ‘a slog’

US Treasury secretary Scott Bessent on Tuesday warned that the US-China trade war was “not sustainable” and that the countries would have to de-escalate their dispute, in comments that buoyed financial markets hoping for a trade deal.

41m

Trump administration live updates: President Trump lashes out at Zelenskyy; China says U.S. must stop 'blackmailing' on tariffs

Secretary of State Marco Rubio and White House envoy Steve Witkoff will not attend high-level meetings in London aimed at ...

20m

China's AI growth will be 'largely unaffected' by chip export rules, analysts say

Chinese AI advancement remains robust despite Nvidia chip export bans, as firms pivot to alternatives like Huawei, analysts ...

3hon MSN

Trump reversals on Fed chair, China tariffs send markets higher

Chief executives of Walmart, Target and Home Depot reportedly warned Trump that supply chain disruptions were already ...

16hon MSN

BYD unveils new luxury sports car as carmakers vie for attention at China’s largest auto show

Chinese electric vehicle giant BYD has already beaten out long-standing frontrunner Tesla in sales of electrified vehicles.

7hon MSN

President Trump says tariffs on China will 'come down substantially'

President Trump said 145% tariffs on Chinese imports will "come down substantially" as his administration expressed optimism ...

6hon MSN

White House eases tone on tariffs on China but won’t be cutting them soon, it says

Treasury Secretary Scott Bessent said Wednesday that President Trump will not reduce tariffs on China without an agreement by ...

4hon MSN

Elon Musk says Tesla will have ‘thousands’ of Optimus robots by year’s end, but China slapping controls on rare earths is hobbling production

President Donald Trump’s punitive tariffs provoked Beijing into demonstrating one of its key points of leverage.

No unilateral reduction in China tariffs, White House says

There will be no unilateral reduction in tariffs on goods imported from China, White House Press Secretary Karoline Leavitt ...

5hon MSN

China's Economy Faces Rise of 'Rat People'

Facing a hyper competitve job market and stagnating wages, a growing number of Chinese are dropping out, spending entire days ...

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5 cards China holds in a trade war with US

China to launch Shenzhou-20 spaceflight

Bessent says China tariffs are not sustainable

China, Bessent

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