U.S. Treasury Secretary Scott Bessent stated that fluctuations in the stock markets will not affect Washington's position in trade negotiations with China. In an interview with CNBC, he emphasized that the United States will continue to take firm measures against Beijing, regardless of market declines. Bessent dismissed speculation that Beijing was counting on a collapse of the American markets to force President Trump to concede, calling these claims "complete disinformation." American markets have experienced recent fluctuations due to trade tensions, and Bessent mentioned that, although Trump values a strong stock market, the success of the markets is due to solid economic policies, including investments in infrastructure and artificial intelligence.
Sources
Bessent: Scăderea burselor nu va opri SUA din a acţiona ferm împotriva Chinei
Secretarul Trezoreriei SUA: „Scăderea burselor nu va opri Washingtonul să acționeze ferm împotriva Chinei”
Treasury Secretary Bessent says a stock market decline won’t deter the U.S. from taking strong action against China
Latest News
23:03
US-Canada Agreement to Avoid Tariffs on Canadian Products
22:57
YouTube changes the way it counts views starting August 24
22:43
Bill Rasmussen, the co-founder of ESPN, passed away at the age of 93 after a long battle with Parkinson's disease.
22:29
The Ministry of Education reduces social scholarships for vulnerable students during the vacation
22:14
The Bucharest Stock Exchange closed higher on almost all indices on Tuesday.
See more news