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Bessent Downplays China’s 84% Retaliatory Tariff

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Bessent dismissed the deepening U.S.-China trade war as a losing situation for Beijing Wednesday, moments after China imposed an 84% retaliatory tariff against the U.S.
From Forbes
He added that despite financial market turmoil, "in general, the companies I've spoken to, people who have come, the CEOs, who have come into Treasury, tell me that the economy is very solid."
From Reuters

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