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China, Scott Bessent

U.S. and China could reach trade deal to avoid 100% tariffs, Scott Bessent says
Bessent said Trump would likely visit Xi in Beijing early next year ahead of the Lunar New Year, and a meeting in Washington would likely happen ahead of Xi’s trip to the U.S.
China will make ‘substantial’ purchases of U.S. soybeans and should avoid an extra 100% tariff, Bessent says
"So I would expect that the threat of the 100% has gone away, as has the threat of the immediate imposition of the Chinese initiating a worldwide export control regime."
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