US Treasury Secretary Scott Bessent spoke with reporters on Monday following trade talks this past weekend with Chinese officials in Geneva, Switzerland.
As The Gateway Pundit reported on Sunday, Bessent announced that they struck a deal during their eight-hour meetings.
China and the United States have agreed to reduce tariffs by May 14, with China retaining a 10% tariff on American goods while the US retains a 10% reciprocal tariff on Chinese goods. Additionally, China has agreed to help the US “take aggressive actions to stem the flow of fentanyl and other precursors from China to illicit drug producers in North America.”
On Monday morning Secretary Bessent spoke with reporters about the trade talks with China. Bessent told them that China blew off their trade obligations when Joe Biden entered office.
They knew he was weak.
Hellbound and Down 