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US Treasury Secretary signals potential de-escalation of trade war: AP

chinadaily.com.cn | Updated: 2025-04-23 17:53
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This aerial drone photo shows a view of the container terminal of Nanjing Port in East China's Jiangsu province, April 16, 2025. [Photo/Xinhua]

There will be "de-escalation" in the ongoing trade war between China and the United States, according to a recent Associated Press article titled US Treasury Secretary says trade war with China is not 'sustainable'.

Scott Bessent made the comments during a meeting with investors on Tuesday hosted by JPMorgan Chase.

"Neither side thinks the status quo is sustainable," AP said quoting a transcript obtained by the news agency.

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