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

Nations are being forced to choose between siding with China or the U.S. as President Donald Trump’s trade war locks the world’s two largest economies on a collision course.

Beijing continues to be willing to endure economic hardship to put pressure on the U.S., even as the Trump administration hints at a more conciliatory approach.