US Treasury Secretary Scott Bessent said, “the world cannot take a China with a trillion-dollar trade surplus,” as he spoke Tuesday about the “slow motion buildup of trade imbalances” at an Institute of International Finance event. (Source: Bloomberg)
Bessent Warns on Global Imbalance, China Trade Surplus
US Treasury Secretary Scott Bessent said, “the world cannot take a China with a trillion-dollar trade surplus,” as he spoke Tuesday about the “slow motion buildup of trade imbalances” at an Institute of International Finance event. (Source: Bloomberg)
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