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China tariff deadline can be rolled forward 90 days: US Treasury chief
A deadline for tariffs between the United States and China to snap back to higher levels could be extended in a "90-day increment", US Treasury Secretary Scott Bessent said on Wednesday (Jul 23), ahead of trade talks next week. Top officials from the world's two biggest economies are set to meet in Sweden on Monday and Tuesday, with Bessent in the US delegation and Chinese Vice Premier He Lifeng attending the talks. "We're in a very good place with China now," Bessent told Bloomberg Television on Wednesday. He added that the upcoming talks would likely move beyond rare earths and export controls, and "on to bigger ... (full story)