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Treasury Sec. Bessent says China is ‘ready to make a deal’ to avoid new 100% tariff
NBC News·2025-10-26 14:11

Mr. . Secretary, do you believe that China is ready to make a trade deal. >> Kristen, I can tell you they are because we just finished two days of negotiations and we've created a framework for the two leaders to discuss on Thursday in Korea.>> President Trump had threatened to impose an additional 100% tariffs on China on November 1st if Beijing goes forward with a plan to put restrictions on rare earth minerals. As you know, if China refuses to pull back those restrictions, Mr. . Secretary, can you confir ...