US Treasury Secretary warns China’s export model unsustainable, defends Trump’s tariffs for economic collaboration.

US Treasury Secretary Scott Bessent has openly criticized China’s export-driven economic model, labeling it as unsustainable and detrimental to both China and the global economy. Bessent has come to the defense of President Trump’s tariffs, stating that they are a necessary measure to encourage more profound collaboration and rectify policy decisions that have negatively impacted US manufacturing. Bessent’s comments come at a time of heightened trade tensions between the US and China, with both countries imposing tariffs on each other’s goods. The Treasury Secretary’s remarks highlight the ongoing economic challenges faced by both nations and the need for a more balanced and sustainable approach to trade. Critics of Trump’s tariffs argue that they could lead to a damaging trade war with China, affecting businesses and consumers in both countries. However, Bessent’s support for the tariffs underscores the administration’s commitment to addressing what it sees as unfair trade practices and leveling the playing field for American workers. As the US-China trade dispute continues to unfold, the global economy watches closely, hoping for a resolution that promotes economic growth and stability for all parties involved.

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