Treasury Secretary Scott Bessent blasted China's retaliatory tariff play as a "loser" move on Wednesday, telling FOX Business that the proportionality in the country's ongoing trade war with the U.S. is much worse on their end.
"It's unfortunate that the Chinese don't want to come and negotiate… they have the most imbalanced economy in the history of the modern world, and I can tell you that this escalation is a loser for them…" he said on "Mornings with Maria."
"They are the surplus country," he continued.
"Their exports to the U.S. are five times our exports to China. They can raise their tariffs, but so what?"
Treasury Secretary Scott Bessent blasted China's retaliatory tariff play as a "loser" move on Wednesday, telling FOX Business that the proportionality in the country's ongoing trade war with the U.S. is much worse on their end.
"It's unfortunate that the Chinese don't want to come and negotiate… they have the most imbalanced economy in the history of the modern world, and I can tell you that this escalation is a loser for them…" he said on "Mornings with Maria."
"They are the surplus country," he continued.
"Their exports to the U.S. are five times our exports to China. They can raise their tariffs, but so what?"
bed bath beyond关门大拍卖都卖不掉。forever21也是。
kxxl。。。等等排队倒闭，包括Macy's都是烂货在卖。
脱钩就没有人去订单了嘛。对美国是好事。
美国可以买价廉物美的货，南韩日本很多国家都提供。
只做中国生意的，一半以上跟其他国家做贸易，我们才不着急呢，哈哈哈