U.S. and China likely to avoid new 100% tariff, Treasury secretary says
President Donald Trump and Chinese President Xi Jinping are expected to reach a deal to avert a new 100% U.S. tariff on Chinese goods and are likely to meet in person soon, Treasury Secretary Scott Bessent said following talks with Beijing’s top trade negotiator. Bessent told NBC News’ “Meet the Press” moderator Kristen Welker in…
