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Benzinga
Benzinga
Business
Vishaal Sanjay

Scott Bessant Eyes 'Big, Beautiful Rebalancing' With China — Says Beijing Must Shift Toward Consumption, Teases 'Very Interesting' Purchase Agreements

Scott Bessent

U.S. Treasury Secretary Scott Bessent says that the United States and China are entering a more constructive phase in trade talks, with the possibility of a broader realignment in their economic relationship.

What Happened: “I think we’re in a very good place with China now and we can start moving on to bigger discussions,” Bessent said, speaking to Bloomberg Television on Wednesday.

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