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China, Scott Bessent
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,
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.
Treasury Pick Bessent Takes Aim at China, Tax Cuts in Hearing
Good morning. US Treasury pick Scott Bessent targeted China and tax cuts in his confirmation hearing. Rio Tinto and Glencore are said to be in talks on a combination. And Nintendo will unveil its next-generation Switch in April.
14h
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 ...
AgWeb
8h
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, ...
1d
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 ...
1d
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 ...
1d
on MSN
Trump treasury pick Scott Bessent calls for stronger Russia sanctions, Fed independence at confirmation panel
Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax ...
1d
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&E
15h
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.
1d
on MSN
Treasury secretary nominee Scott Bessent to make call to action during hearing: 'Generational opportunity'
Scott Bessent, President-elect Trump's pick for treasury secretary, will appear for a Senate Finance Committee confirmation ...
1d
on MSN
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 ...
1d
on MSN
Trump's Treasury Pick Scott Bessent Urges Dollar Must Remain 'World's Reserve Currency' As President-Elect Reportedly Pushes For Strategic Bitcoin Reserve
President-elect Donald Trump has nominated Scott Bessent to lead the U.S. Treasury Department, and Bessent has pledged to ...
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