Treasury Secretary Scott Bessent said he had no clue whether President Donald Trump had actually spoken to China to negotiate tariffs—days after Trump said they were happening.
“I think that the Chinese will see that this high tariff level is unsustainable for their business model,” Bessent said on ABC’s This Week on Sunday.
Host Martha Raddatz asked Bessent why China would lie about negotiations if the two countries were engaged in talks. “Why would they deny that the negotiations are going on?”
Bessent claimed the Chinese were “playing to a different audience,” but as Raddatz continued to press him on the state of any negotiations between the two countries, he refused to say whether any conversations were taking place.
“We have a process in place,” he said. “And again, I just believe these Chinese tariffs are unsustainable.”
“I think that the Chinese will see that this high tariff level is unsustainable for their business model,” Bessent said on ABC’s This Week on Sunday.
Host Martha Raddatz asked Bessent why China would lie about negotiations if the two countries were engaged in talks. “Why would they deny that the negotiations are going on?”
Bessent claimed the Chinese were “playing to a different audience,” but as Raddatz continued to press him on the state of any negotiations between the two countries, he refused to say whether any conversations were taking place.
“We have a process in place,” he said. “And again, I just believe these Chinese tariffs are unsustainable.”
11 days ago
