Recent discussions surrounding US-China trade have highlighted a potential shift towards de-escalation. Treasury Secretary Scott Bessent emphasized that both nations recognize high tariffs as unsustainable and see an opportunity for a significant trade deal. Bessent expressed skepticism regarding unilateral tariff cuts and underscored the need for China to reform its export-driven economy. While conflicting statements from the Trump administration have caused market fluctuations, there is growing anticipation for a resolution as both sides appear to seek a more balanced relationship.