China says ‘door is wide open’ to talks after Trump suggests tariffs U-turn

News Snapshot:

Open this photo in gallery: Containers are seen at the Yantian port in Shenzhen, Guangdong province, China, April 17, 2025.Tingshu Wang/Reuters Beijing has welcomed signs the U.S. is second-guessing its aggressive approach to China, following weeks of escalating reciprocal tariffs and bilateral tensions. Markets were buoyed Tuesday on remarks U.S. Treasury Secretary Scott Bessent made to a private investment conference in Washington, in which he predicted a U.S.-China trade deal in the “very near future,” saying “neither side thinks the status quo is sustainable.” Asked about Mr. Bessent’s comments later in the day, President Donald Trump said the current 145...