Treasury Secretary Scott Bessent announced no new tariff deals with major trading partners Tuesday but hinted negotiations with India may be close to concluding with one. “Seventeen are in

Treasury Secretary Bessent said the Trump administration will weigh China's lack of compliance with the "phase one" trade deal from the president's first term in current negotiations.

Treasury Secretary Scott Bessent said “all aspects” of the US government are in contact with China but that it’s up to Beijing to take the first step in de-escalating the tariff fight with the US due to the imbalance of trade between the two nations.