No deal on China tariffs until Trump says yes: Bessent

Published: 7/30/2025
No deal on China tariffs until Trump says yes: Bessent
US-China tariff negotiations in Sweden ended with both sides aiming to extend the 90-day truce, but US Treasury Secretary Bessent emphasized that President Trump must approve any extension. The talks centered on preventing a resurgence of tariffs set to expire next month, with tensions escalating since April's tariff hikes. The potential expiration of the truce on August 12 looms, with Bessent stressing that no agreement is final until President Trump is consulted.