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Treasury Secretary Bessent says ‘it’s up to China’ to de-escalate trade war

The Treasury Department on Monday indicated that elimination of the trade war over President Trump’s strict tariff rates must come from China. “They sell five times more than we sell to them, so I believe it is up to China to deescalate. Investors and businesses want to quickly lower the strict 145% tax on Chinese […]

Bessent aims to de-escalate China trade war: ‘The current status quo is unsustainable’

Treasury Secretary Scott Bescent said the current state of the US trade war with China is “unsustainable” and informs support for de-expansion between the two countries. When asked whether China’s tariffs would collapse, Bescent told reporters during a media roundtable Wednesday that “both sides believe the current situation is unsustainable.” The US imposes a 145% […]

Spicer: China must ‘significantly deescalate’ before US can consider reducing military budget

Former White House press secretary Sean Spicer argued that China must “deinvestigated” before the US considers reducing its military budget. Spicer joined News Nation's “Hill” on Thursday, while host Blake Berman asked him about President Trump's recent remarks, where he was left nervous with China's national president Xi Jinping and Russian President Vladimir Putin. He […]

Biden Will Advise Israel ‘They Should Look to De-Escalate’ Where They Can

On Saturday’s CNN Newsroom, Rep. Adam Smith (D-Wash.), ranking member of the House Armed Services Committee, said the Biden administration should seek to “de-escalate tensions as fully as possible” toward Israel. He said that he believed that he would advise him. Smith also said that Iran’s attacks on Israel “highlight the need to reach a […]