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149 new news items in the last 24 hours
16 October 05:48

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.

Raluca Ioana Draghici
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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

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News.ro
Bessent: Scăderea burselor nu va opri SUA din a acţiona ferm împotriva Chinei
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Stirile ProTV
Secretarul Trezoreriei SUA: „Scăderea burselor nu va opri Washingtonul să acționeze ferm împotriva Chinei”
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CNBC
Treasury Secretary Bessent says a stock market decline won’t deter the U.S. from taking strong action against China
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USA Scott Bessent US Treasury China negotiations stock markets trade negotiations customs duties

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