The definitions may cost China 5-10 million jobs, “responsibility” on Beijing, says Pisent

Treasury Secretary Scott bet He said China is at risk of losing millions of jobs amid an escalation of tension between Beijing and the United States A result of definitions.

“Over time we will see the Chinese definitions are not sustainable to China,” Pesin told reporters at the White House on Tuesday. ))

“So remember that we are a country of impotence,” said Pesin. “They sell us nearly five times the goods for us more than we sell them. Therefore, the responsibility will have to take off this customs tariff. It cannot be affected by them.”

president Donald Trump A wide -ranging tariff was announced against a group of countries on April 2, after the commercial practices of other countries were condemned routinely and accused of participating in unfair commercial practices against the United States

Here is a closer look at the Trump tariff plan: What do you know about new duties?

The administration later fell in its initial proposal, and announced on April 9 that it would immediately raise the customs tariff for Chinese goods to 145 %, but it is due to the mutual tariffs in other countries for 90 days to the baseline by 10 %. In response, China began promoting customs tariffs on American goods to 125 %.

BESSENT also referred to a commercial deal with India, and possibly Asian countries, can appear in the near future.

“They were the most coming in terms of deals,” said Pesin. “As I mentioned, Vice Vice President Vans was in India last week. I think he and Moody have made some very good progress. So I could see some ads about India.”

Likewise, Bessent said that negotiations were advancing with South Korea and Japan.

Here is a closer look at the Trump tariff plan: What do you know about new duties?

Vice President JD Vance visited Indian Prime Minister Narendra Modi in April, and the White House said in a April 21 statement that Monday achieved “great progress” in a commercial deal between the two countries, “where they developed a road map for more discussions on our common economic priorities.

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“Vice President Vice Vice President Vice Vice Vice for the warm welcome he received in India and Prime Minister Moody respects deeply,” said the secretary of the Fans Taylor Van Kirk. “The two leaders announced vital progress towards a final trade deal between the United States and India. A strong partnership in India and India is crucial to all of our economies and the future of the world.”