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 Chinese companies are likely to reduce prices in response to American tariffs,
President Xi Jinping’s government reached last year’s 5% growth target, a well-telegraphed victory that came as little ...
Treasury Secretary nominee Scott Bessent outlined a three-pronged approach to tariffs during his Senate testimony this week, ...
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 has brought up the Trump 1.0 trade deal that called for Chinese purchases from U.S. farmers -- an agreement that's ...
During the Senate confirmation hearings, Bessent called China an 'unbalanced economy,' and described the nation as being in a ...
Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax ...
Scott Bessent, President-elect Donald Trump’s nominee for Treasury secretary, testified before the Senate Finance Committee ...
Most of Trump's team is pro-tariff - and this will drive global markets to American whims and companies seeking to relocate ...
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