“President Donald Trump and Chinese leader Xi Jinping’s latest tit-for-tat showdown has both countries claiming the ball is now in the other’s court, with the clock ticking toward another escalation in import tariffs,” Bloomberg reports.
Treasury Secretary Scott Bessent told Fox Business that the two countries did talk over the weekend about how to dial tensions down.
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Taegan Goddard
Taegan Goddard is the founder of Political Wire -- which for more than two decades has been one of the nation's most influential political news sites.
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