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 other down amid their ongoing trade war,

Good morning. The US Treasury Secretary says it’s up to China to de-escalate the trade war. Sony is considering spinning off its chip unit as it focuses on entertainment. And Aston Villa is weighing the sale of a minority stake in its women’s team.

I would guess that India would be one of the first trade deals we would sign. So watch this space,” Bessent added. In addition to his assessment of the situation with China a