President Trump hailed an agreement with Britain as a breakthrough — but far tougher negotiations, including with China, beckon.

As I repeatedly said, I believe that it’s up to China to de-escalate, because they sell five times more to us than we sell to them,” Bessent said Monday morning on CNBC. So

Treasury Secretary Scott Bessent on Monday signaled that a de-escalation of the trade war over President Trump’s harsh tariff rates would have to come from China — not the US.