The U.S. Secretary of the Treasury Scott Bessent noted that current U.S. tariffs on Chinese goods are at 30%, while China imposes just 10% on American products.
He stressed that the U.S. doesn't aim to decouple from China and believes Beijing wants to act as a responsible partner.
Earlier, Donald Trump stated:
🟠Every country wants to make a deal with the U.S.
🟠Yesterday we signed an agreement with China — we’re opening the
🟠American market for them
🟠A trade deal with India is coming soon
🟠Passing the tax bill (Big Beautiful Bill) is now a top priority
🟠It would be good for the U.S. if the Fed lowered interest rates
🟠About Powell: We have to fight this guy
🟠We’re taxing China, Mexico, and others that allow fentanyl imports
🟠We hope Congress can pass the tax bill by July 4