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China will make ‘substantial’ purchases of U.S. soybeans and should avoid an extra 100% tariff, Bessent says
fortune.com/2025/10/26/china-trade-deal-us-soybean-purchase-100-percent-tariff-bessent-trump-xi-jinping
Treasury Secretary Scott Bessent signaled on Sunday that the U.S. and China will significantly de-escalate their trade war under a framework he negotiated.
In an interview on CBS News’ Face the Nation with Margaret Brennan, Bessent said an additional 100% tariff that President Donald…
This story appeared on fortune.com, 2025-10-26 15:58:25.