In a recent development, US Treasury Secretary Scott Bessent voiced his concerns about China’s export-driven economic model, deeming it unsustainable and detrimental to both the Chinese economy and the global economy at large. Bessent went on to defend President Trump’s tariffs as a strategic tool to encourage stronger collaboration and rectify policy decisions that have had a negative impact on US manufacturing. This criticism comes amidst escalating trade tensions between the United States and China, with both countries imposing tariffs on each other’s goods. Bessent’s comments highlight the ongoing debate surrounding trade policies and their implications on the global economic landscape. The US-China trade war has been a point of contention for several years, with both nations attempting to negotiate favourable terms. As the situation unfolds, experts and policymakers continue to monitor the developments closely, analysing the potential effects on various industries and markets. Stay tuned for more updates on this evolving story.