U.S. Treasury Secretary Praises China Tariff Truce
Published on: Aug. 20, 2025, 5:46 a.m. | Source: Devdiscourse
U.S. Treasury Secretary Scott Bessent expressed satisfaction with the ongoing trade truce between the U.S. and China, the world's largest economies. The two countries extended a tariff ceasefire, originally established in May, for another 90 days, allowing further negotiations on October's unresolved issues. No new tariffs are currently planned.
