Bessent: China Will Cut Prices In Response To Tariffs So They Can Continue To "Export Their Way Out Of Economic Malaise"
Scott Bessent told Sen. Ron Wyden, during his confirmation hearing to serve as Donald Trump's Treasury Secretary, he believes ...
China’s Growth Underscores Bessent’s Call to Rebalance Trade
President Xi Jinping’s government reached last year’s 5% growth target, a well-telegraphed victory that came as little ...
AgWeb1d
Treasury Nominee Bessent Defends Trump Policies in Testimony; Promises to Press China to Resume Ag Purchases in Phase 1 Agreement
Treasury Secretary nominee Scott Bessent outlined a three-pronged approach to tariffs during his Senate testimony this week, ...
Bessent: Fair Trade Has To Balance Free Trade, China Has The Most Unbalanced Economy In History
Donald Trump's nominee for Treasury Secretary Scott Bessent said that fair trade is more important than free trade during a Senate confirmation hearing Wednesday, saying that SCOTT BESSENT: After our ...
Bessent criticises China's economic practices, proposes sanctions on Iran
During the Senate confirmation hearings, Bessent called China an 'unbalanced economy,' and described the nation as being in a ...
Trump 1.0's China trade deal proved disappointing. Bessent suggests taking another stab at it.
Bessent has brought up the Trump 1.0 trade deal that called for Chinese purchases from U.S. farmers -- an agreement that's ...
E&E1d
Trump Treasury nominee appears open to carbon tariffs
Scott Bessent called carbon tariffs against the Chinese an “interesting idea” but balked at the idea of a “clean energy race.
Treasury nominee calls for stronger Russia sanctions and Fed independence at confirmation panel
U.S. Treasury nominee Scott Bessent plans to say at his confirmation hearing that President-elect Donald Trump has an ...
cryptopolitan1d
A look at Donald Trump’s tariff team
Most of Trump's team is pro-tariff - and this will drive global markets to American whims and companies seeking to relocate ...