Secretary Treasury Scott Bessent said both the U.S. and China don’t want the trade war to escalate. However, he said it’s China’s responsibility to ensure that doesn’t happen. As the U.S. and China stare each down amid their ongoing trade war,

U.S. Treasury Secretary Scott Bessent on Monday said many top U.S. trading partners had made 'very good' proposals to avert U.S. tariffs, and one of the first deals to be signed might be with India. Bessent,