Bessent Floats Longer Tariff Truce for China Rare Earth Delay
Bessent Floats Longer Tariff Truce for China Rare Earth Delay
Treasury Secretary Scott Bessent proposed a longer pause on high US tariffs on Chinese goods in return for Beijing putting off its recently announced plan to tighten limits on critical rare earths.
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(Bloomberg) — Treasury Secretary Scott Bessent proposed a longer pause on high US tariffs on Chinese goods in return for Beijing putting off its recently announced plan to tighten limits on critical rare earths.
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