The U.S. will likely extend its Aug. 12 tariffs deadline for a final trade deal with China as the two sides continue to negotiate, Treasury Secretary Scott Bessent said in a TV interview Tuesday.

Most Read from BloombergAdvocates Fear US Agents Are Using ‘Wellness Checks’ on Children as a Prelude to ArrestsThe Dutch Intersection Is Coming to Save Your LifeLA Homelessness Drops for Second YearTreasury Secretary Scott Bessent suggested the deadline for a US-China tariff truce slated to end next month is flexible,

The Trump administration is more concerned with the quality of trade agreements than their timing, U.S. Treasury Secretary Scott Bessent said on Monday ahead of an August 1 deadline for countries to secure trade deals or face steep tariffs.