U.S. Treasury Secretary Scott Bessent said on Friday that he believed that Washington has the makings of a deal with China and that he was "optimistic" about the path forward. "This week's negotiations in Stockholm have advanced our talks with China,

Treasury Secretary Scott Bessent conveyed confidence that the U.S. and China would soon reach a deal on tariffs. “I believe that we have the makings of a deal,” Bessent told CNBC early Thursday. “There’s still a few technical details to be worked out on the Chinese side between us.