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International Business Times
International Business Times
Business

US Treasury Chief Accuses China Of Wanting To Hurt World Economy

US Treasury Secretary Scott Bessent has hit out at China as trade tensions between Washington and Beijing have been reignited in recent days (Credit: AFP)

US Treasury Secretary Scott Bessent slammed Beijing in an interview this week, accusing it of seeking to harm the global economy after China slapped sweeping new export controls in the strategic field of rare earths.

"This is a sign of how weak their economy is, and they want to pull everybody else down with them," Bessent told the Financial Times in an interview on Monday.

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