Treasury Secretary Scott Bessent reportedly said on Monday that China has the responsibility to de-escalate the ongoing tariff war and asserted that its high tariffs are unsustainable.
“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 told CNBC.
LOL! You buffoons dug your own graves. It’s up to you to dig your way out, if you can. I doubt China cares much at this point, now that you’ve made the U.S.A. the laughingstock of the world.
Treasury Secretary Scott Bessent Says It’s Up To China To De-Escalate Tariff Wars: ‘They Sell 5 Times More To Us Than We Sell To Them’
Treasury Secretary Scott Bessent reportedly said on Monday that China has the responsibility to de-escalate the ongoing tariff war and asserted that its high tariffs are unsustainable. “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,” Be…