-14.7 C
Ottawa
Tuesday, January 27, 2026

Stock Market Fluctuations Won’t Stop ‘Strong Measures Against China’: Bessent

Date:

Stock Market Fluctuations Won’t Stop ‘Strong Measures Against China’: Bessent

Treasury Secretary Scott Bessent (L) and Trade Representative Jamieson Greer address a press conference in Rosenbad after the trade talks between the United States and China concluded, in Stockholm, Sweden, on July 29, 2025. Magnus Lejhall/TT News Agency/AFP via Getty Images

Stock market volatility won’t influence the United States’ decision to respond with “strong measures” against Beijing’s aggressive move to restrict rare earth exports, U.S. Treasury Secretary Scott Bessent said on Oct. 15.

“If we have to take strong measures against the Chinese, we won’t negotiate because the stock market is going down; we will negotiate because we are doing what is best economically for the U.S.,” Bessent said on CNBC.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Regulator to Pursue Firm That Gave Unauthorised Access to Carbon Credits Database

The regulator allege Emerging Energy allowed unauthorised access to...

Magnitude 5.5 Earthquake Strikes Chinas Western Gansu Province

A map showing the location of a magnitude 5.5...

Chinese Company on US Forced Labour Watchlist to Acquire Canadian Gold Mining Firm

Gold bullion bars are pictured after being inspected and...

Texas Governor Bars State Employees From Using Shein, Temu on State-Owned Devices

The Shein logo and its website are seen on...