Treasury Secretary Scott Bessent said Monday that China must “de-escalate” trade tensions with the Trump administration given it sells “five times more” to the U.S. than the U.S. sells to China.

Bessent made the remarks in an interview with CNBC. He said that the administration is in the midst of 15 to 18 trade negotiations with different countries, singling out India as having the potential for a deal in a matter of days.

As far as China is concerned, however, Bessent said Beijing should be reaching out to the administration.

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