Bessent says US will weigh China's failure on 'phase one' trade deal from first term in negotiations
1. Trade deal impacts from Trump's administration could affect S&P 500 companies. 2. Tariff increases on Chinese imports could lead to U.S. job losses and factory shutdowns. 3. Trump administration is considering past trade deal compliance in new negotiations. 4. Economic security emphasized; supply chain fortification is a priority. 5. High tariffs considered unsustainable, suggesting future negotiations may ease them.