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 ...
Treasury secretary nominee Bessent favors tax cuts, China tariffs, Russia sanctions
President-elect Donald Trump's Treasury secretary nominee Scott Bessent favors imposing tariffs on China, sanctions on Russia and making 2017 tax cuts permanent.
Trump still mulling hitting Canada, Mexico, and China with tariffs on Feb. 1
The White House says that US President Donald Trump is still thinking about imposing tariffs on imports from Canada, Mexico ...
Scott Bessent: China Builds 100 Coal Plants Per Year, "That Is Not A Clean Energy Race, That Is An Energy Race"
Donald Trump's nominee for Treasury Secretary Scott Bessent told Sen. Ron Wyden why it is goofy to claim the U.S. is in an "arms race with China for clean energy." SCOTT BESSENT: Senator Wyden, just ...
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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, ...
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Trump Treasury Pick Says China’s Economy Is in Recession
Scott Bessent, President-elect Donald Trump’s nominee for Treasury Secretary, described the world’s No. 2 economy as being in a recession, if not a depression. Bessent, in further bearish ...