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Treasury Secretary Scott Bessent on the 90 Day Pause 5/12/25

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Shifting Tides in U.S.-China Trade Relations

This chapter discusses the recent trade talks between the U.S. Treasury Secretary and China, emphasizing the need for strategic decoupling and lessons learned from the COVID-19 pandemic about supply chain resilience. It also highlights significant tariff reductions agreed upon by both nations, marking a shift from tension to collaboration in U.S.-China trade relations.

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