I would guess that India would be one of the first trade deals we would sign. So watch this space,” Bessent added. In addition to his assessment of the situation with China a

Secretary Treasury Scott Bessent said both the U.S. and China don’t want the trade war to escalate. However, he said, it’s China’s responsibility to ensure that doesn’t happen. As the U.S. and China stare each other down amid their ongoing trade war,

US and China tariff tensions continue to dominate the focus, with signs of deescalation mounting even as President Trump sent mixed signals on the state of relations. On Monday, it was reported that Asian economies like South Korea,