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 ...
Bessent has brought up the Trump 1.0 trade deal that called for Chinese purchases from U.S. farmers -- an agreement that's ...
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 ...
During the Senate confirmation hearings, Bessent called China an 'unbalanced economy,' and described the nation as being in a ...
Treasury Secretary nominee Scott Bessent outlined a three-pronged approach to tariffs during his Senate testimony this week, ...
Gao’s sin? Saying that China may have grown just 2% over the last two or three years, less than half the rate Xi’s government ...
Secretary of the Treasury nominee Scott Bessent told Democratic Oregon Sen. Ron Wyden that America is not engaged in a ...
Scott Bessent tells Senate Finance Committee confirmation hearing Donald Trump’s tariff policy is useful tool for leverage in ...
Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax ...
Treasury Secretary nominee Scott Bessent is on track to be confirmed following a confirmation hearing Thursday lacking the ...
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