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Bessent Says Tariffs On China Are 'Far From A Joke,' Dismisses Treasury Dumping Fears

Benzinga ·  09:59

U.S. Treasury SecretaryScott Bessenthinted at confidence in the speed of trade negotiations and the stability of U.S. financial markets despite recent volatility in bonds and the dollar. TheTrumpadministration is racing to lock in multiple agreements within a tight 90-day window.

In an interview on Monday with Bloomberg'sAnnmarie Hordernduring his visit to Buenos Aires, Bessent outlined a fast-moving agenda aimed at reshaping global trade relationships while maintaining a harder-line stance on China. He rejected claims that steep trade tariffs are a "joke."

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Bessent said...

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