“80% Tariff on China seems right! Up to Scott B,” Trump said in a social-media post Friday morning, referring to Treasury Secretary Scott Bessent.
Bessent and US Trade Representative Jamieson Greer are set to begin talks with Chinese Vice Premier He Lifeng in Switzerland this weekend, the first public discussions between the world’s two largest economies on defusing a trade war that has seen Trump impose 145% levies on China and Beijing retaliate with 125% duties on many American goods.
Sarah Ponczek, Senior Vice President of Private Wealth Management with UBS, discusses how trade tensions between the world’s two largest economies are impacting her clients that do business in China. Sarah speaks with Paul Sweeney and Jess Menton on Bloomberg Radio….
