Bessent: China Will Cut Prices In Response To Tariffs So They Can Continue To "Export Their Way Out Of Economic Malaise"
Scott Bessent told Sen. Ron Wyden, during his confirmation hearing to serve as Donald Trump's Treasury Secretary, he believes Chinese companies are likely to reduce prices in response to American tariffs,

Scott Bessent, Senate and Treasury

Treasury nominee Scott Bessent clears key Senate hurdle on way to likely confirmation
Scott Bessent, Trump’s Billionaire Treasury Pick, Will Shed Assets to Avoid Conflicts
5 Things Investors Need To Know About Scott Bessent's Economic Policies As He Faces Senate Grilling For Treasury Job
China’s Growth Underscores Bessent’s Call to Rebalance Trade
President Xi Jinping’s government reached last year’s 5% growth target, a well-telegraphed victory that came as little surprise. But a closer look at the numbers reveals a reliance on trade that’s set to inflame US ties.
Scott Bessent: China Builds 100 Coal Plants Per Year, "That Is Not A Clean Energy Race, That Is An Energy Race"
Donald Trump's nominee for Treasury Secretary Scott Bessent told Sen. Ron Wyden why it is goofy to claim the U.S. is in an "arms race with China for clean energy." SCOTT BESSENT: Senator Wyden, just to frame this for everyone in the room,
Treasury secretary nominee Bessent favors tax cuts, China tariffs, Russia sanctions
President-elect Donald Trump's Treasury secretary nominee Scott Bessent favors imposing tariffs on China, sanctions on Russia and making 2017 tax cuts permanent.
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Treasury Nominee Bessent Defends Trump Policies in Testimony; Promises to Press China to Resume Ag Purchases in Phase 1 Agreement
Treasury Secretary nominee Scott Bessent outlined a three-pronged approach to tariffs during his Senate testimony this week, including targeted tariffs, general tariffs as revenue generators and tariffs as a negotiation tool.
Treasury secretary nominee Scott Bessent to make call to action during hearing: 'Generational opportunity'
Scott Bessent, President-elect Trump's pick for treasury secretary, will appear for a Senate Finance Committee confirmation hearing on Thursday, where he will discuss the incoming president's economic vision.
Trump treasury pick Scott Bessent calls for stronger Russia sanctions, Fed independence at confirmation panel
Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax policy, tariffs, China, Russia sanctions and the IRS.
Treasury nominee calls for stronger Russia sanctions and Fed independence at confirmation panel
U.S. Treasury nominee Scott Bessent plans to say at his confirmation hearing that President-elect Donald Trump has an opportunity to unleash “a new economic golden age.”
Trump 1.0's China trade deal proved disappointing. Bessent suggests taking another stab at it.
Bessent has brought up the Trump 1.0 trade deal that called for Chinese purchases from U.S. farmers -- an agreement that's gotten some bad reviews. Bes
Treasury Secretary Pick Scott Bessent Says Trump Could Bring ‘New Economic Golden Age’
Tariffs, tax policy and budget deficits dominated a confirmation hearing for Scott Bessent, the fund manager President-elect Donald Trump picked to run the Treasury Department. Bessent, who has spent his career in the private sector,
Bessent nomination to US Treasury clears Senate Finance Committee
The U.S. Senate Finance Committee on Tuesday voted to send the nomination of billionaire hedge fund manager Scott Bessent as President Donald Trump's Treasury secretary on to the full Senate for approval.