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Bessent says full China trade deal may take two to three years - report
https://www.msn.com/en-us/money/mar...ay-take-two-to-three-years-report/ar-AA1Dtwi6
Bessent, though, told reporters after a speech at the Institute of International Finance that the Trump administration is looking at a number of factors beyond tariffs, when dealing with China, including non-tariff barriers and government subsidies, Bloomberg News reported.
Furthermore, he said there's no timeframe for trade talks with China. A full rebalancing of trade could take two to three years, Bessent added.
https://www.msn.com/en-us/money/mar...ay-take-two-to-three-years-report/ar-AA1Dtwi6
Bessent, though, told reporters after a speech at the Institute of International Finance that the Trump administration is looking at a number of factors beyond tariffs, when dealing with China, including non-tariff barriers and government subsidies, Bloomberg News reported.
Furthermore, he said there's no timeframe for trade talks with China. A full rebalancing of trade could take two to three years, Bessent added.