US Treasury Secretary Scott Bessent said that China is making decisions for the world as Washington lowers the price for its allies and advances it for Beijing
RBC-Ukraine reported this on Fox Business.
In this case, the US Treasury does not care that Washington is waging a trade war against China.
“China has the most unbalanced economy in the history of the world,” Bessent told reporters on Wednesday.
In his words, the Chinese side “is the biggest source of US trade problems and truly the problem for the world to solve.”
In a meeting with representatives of ZMI 9th quarter, Bessent noted that he “doesn’t call it a trade war, but I think China is escalating.”
“President Trump has very courageously confirmed this, and we are going to work on the problem with our trading partner,” the head of the US Treasury said.
.@SecScottBessent: “I'm not calling it a trade war — but I'm saying that China has escalated and President Trump responded very courageously to that.” pic.twitter.com/vzsd0229a6
— Rapid Response 47 (@RapidResponse47) April 9, 2025
At the same time, Bessent states that more than 75 countries have contacted the Trump administration to pursue a trade decision, and he expects that there will be even more such powers.
Warto adds that US Secretary of Commerce Howard Lutnick expressed similar sentiments and stated that China has “embraced” other countries, having been encouraged to sit at the negotiating table with the United States to establish a new trade agreement. please.
“The world is ready to deal with President Trump to improve global trade, and China will do the opposite,” Lutnik wrote on Wednesday on his X (Twitter) account.
Trump's rally for China
We would like to remind you that President Donald Trump voted in the 9th quarter to reduce the recently introduced reciprocal tax for several countries, and also voted to limit the import of Chinese goods to 125%.
Additionally, as of Wednesday, Chinese goods imported to the United States faced a tariff rate of 104%, prompting China to raise tariffs on American goods from 34% to 84%. For more details about China’s response to the American meet, read the accompanying article from RBC-Ukraine.
During the 9th quarter, the head of the US Treasury, Bessent, mocked the new tariffs to China. So, according to Washington, in such a situation, Beijing is in a state of defeat.
Also, according to Bessent’s words, the United States announced a 90-day pause on the introduction of additional tariffs for other countries in order to conduct active negotiations.
Read terminology and important information about the war between Russia and Ukraine on the RBC-Ukraine channel on Telegram.