Tariff War: Treasury Secretary Scott Bessent addressed pressing concerns about supply chain shocks and progress on trade deals with key Asian allies.
Amid declining Chinese cargo shipments, Bessent dismissed fears of disruptions, praising U.S. retailers’ preparation.
He hinted at imminent trade announcements with India and ongoing negotiations with South Korea and Japan, emphasizing that election cycles abroad are accelerating—not delaying—talks.
Bessent characterized India as an “easier” partner due to its transparent tariff regime.
The conversation reflects rising urgency in reshaping global trade relationships amid shifting geopolitical currents.
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