US Treasury Secretary Scott Bessent reportedly told a closed-door investor summit Tuesday that the tariff standoff with China is “unsustainable” and that he expects the situation to de-escalate, Bloomberg reported citing people who attended.

Your guide to what Trump’s second term means for Washington, business and the world Over the past two decades, the world economy has staggered from one shock to another: the financial crisis; Donald Trump’s first-term trade war on China;