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Bessent - India Trade Deal Maybe the 1st; China has to Make Moves Now
"Treasury Secretary Scott Bessent on Monday put the responsibility for reaching a trade agreement on China.
“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 said during an interview on CNBC’s “Squawk Box.”... “I would guess that India would be one of the first trade deals we would sign. So watch this space,” he said."
