US and China tariff tensions continue to dominate the focus, with signs of deescalation mounting even as President Trump sent mixed signals on the state of relations. On Monday, it was reported that Asian economies like South Korea,

Beijing is confident of hitting its 5% economic growth target this year despite the U.S. and China imposing hefty levies on each other’s exports.

The Chinese exempting some goods from tariffs indicates they are interested in reducing tensions, Bessent said