U.S. Treasury Secretary Scott Bessent has said that the ongoing tariff standoff between the United States and China cannot continue for long. Speaking at a private investor event hosted by JPMorgan in Washington D.C., Bessent called the situation “unsustainable” and expressed hope for a resolution.
Although formal trade talks have not started yet, Bessent told the attendees that a deal with China is still possible. His remarks suggest that the U.S. government may be looking for ways to reduce tensions and avoid further economic strain from tariffs.
