Treasury Secretary says there is an opportunity for a 'big deal' between the U.S. and China to 'rebalance' on trade

Washington Today

Treasury Secretary Scott Bessent says there is an opportunity for a "big deal" between the U.S. and China to "rebalance" on trade and make China less dependent on manufacturing exports; Treasury Secretary also calling for the International Monetary Fund to focus on its core missions of economic stability and development and less on things like climate change; Supreme Court hears a case about whether fuel producers can sue the EPA over its letting California impose more stringent vehicle emission standards than federal standards to transition from gas to electric car; President Trump accuses Ukrainian President Volodymyr Zelensky of 'inflammatory statements' that 'would do nothing but prolong' the war with Russia, after Zelensky said his country cannot recognize Russian control of Crimea; Commerce Secretary Howard Lutnick at the annual Holocaust Days of Remembrance ceremony in Washington says the President will always stand by Israel and the Jewish people; Vice President JD Vance speaks about being one of the final public officials to meet with Pope Francis before he died; Sen. Dick Durbin (D-IL), Minority Whip, says he will not run for reelection in 2026, retiring after 44 years of service in the U.S. House and Senate.

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