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15 October 06:48

U.S. Treasury Secretary Scott Bessent states that Beijing wants to "pull everyone else down with it" through restrictions on critical mineral exports.

Ana-Maria Tapescu

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International

Foto: Alex Brandon / AP / Profimedia

In an interview for the Financial Times, Scott Bessent stated that China is trying to weaken the global economy by imposing controls on the export of essential resources for the technology industry. These measures have been interpreted as an attempt to drag down other economies, which, according to Bessent, will also affect China in the future.

Sources

Bessent acuză China că ”vrea să tragă întreaga lume în jos” prin restricţiile la exporturile de minerale critice

Șeful Trezoreriei americane, Scott Bessent critică aspru guvernul de la Beijing: „Vor să tragă pe toată lumea în jos cu ei”

Secretarul Trezoreriei americane: China încearcă să facă rău economiei globale / "Vor să-i tragă pe toți ceilalți în jos cu ei"

The Guardian EU

US treasury secretary accuses Beijing of trying to damage global economy, as US and China roll out tit-for-tat port fees - business live

ȘTIRI PE ACELEAȘI SUBIECTE

International

The American government has called for a united international effort against the restrictions imposed by China on the export of rare earths, considered essential for the global economy.

International

China has accused the United States of "causing panic" through an exaggerated reaction to the new restrictions imposed on rare earth exports, but it shows openness to negotiations to avoid escalating the trade conflict.

International

Scott Bessent, the U.S. Treasury Secretary, states that the volatility of the stock markets will not influence trade negotiations with China, emphasizing the firm measures against Beijing.

International

The trade war between the USA and China overshadows the prospects of the global economy

International

The U.S. Treasury Secretary, Scott Bessent, announced on Sunday that Washington and Beijing have reached a provisional trade agreement, under which China is expected to lift restrictions on rare earth exports and purchase more soybeans from the U.S.

International

China has suspended the export ban on rare metals to the USA, as part of a measure to ease bilateral tensions.

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Scott Bessent China Global economy exports restrictions

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