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U.S. Treasury Secretary Scott Bessent told investors at a closed-door JPMorgan Chase summit Tuesday that the ongoing trade conflict between the United States and China is “unsustainable,” and indicated that both sides would need to find ways to de-escalate. In a speech the next day Bessent called for a "recentering" of the missions of the IMF and World Bank.
April has seen enforcement actions on Chinese work gloves, South Korean Sea Salt, and most recently a petition based on evidence of modern slavery in the Brazilian coffee industry.
The U.S. Department of Commerce has concluded its investigation into solar panel imports from Cambodia, Malaysia, Thailand, and Vietnam, determining that these imports were sold below fair market value and benefited from unfair subsidies. As a result, the Department has imposed antidumping and countervailing duties, with rates varying by country and company.