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Trump administration will set price floors across range of industries to combat China, Bessent says
China has driven foreign competitors out of business over the past two decades by using its market dominance to slash prices, Treasury Secretary Scott Bessent said.
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cnbc.com
Bessent tells the FT that struggling China wants 'to pull everybody else down with them'
Bessent accused China of trying to weaken the global economy by slapping export controls on resources vital for technology.
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Trump administration will set price floors across range of industries to combat China, Bessent says
China has driven foreign competitors out of business over the past two decades by using its market dominance to slash prices, Treasury Secretary Scott Bessent said.
