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Committee presses Treasury on tariffs, China talks and impact on U.S. consumers and industry
Summary
Members of both parties questioned Secretary Bissett about the administration's tariffs, the status of trade negotiations with China and other partners, and the tariffs' economic impact on U.S. consumers and manufacturers.
Several members used questioning time to press Treasury Secretary Scott Bissett on the administrationtariff program and the status of trade negotiations. Lawmakers asked which countries the administration was close to striking deals with and whether China was part of current negotiations.
Bissett declined to name negotiating counterparties in the hearing, saying disclosure "would not benefit The United States" while talks were ongoing; he told the committee he planned to travel to Switzerland and that negotiations would begin on Saturday. He also said…
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