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Treasury Secretary Scott Bessent told a House committee on Tuesday that China is the only one of 18 "very important trading partners" that the Trump administration is not negotiating with on tariffs. This comes days after Bessent declined to tell CBS News' Weijia Jiang in a White House briefing whether those negotiations with China were happening. As U.S. tariffs of up to 145% on Chinese imports take hold, supplies of a broad range of products could start to dwindle later this summer, as back-to
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