Reported 15 days ago
US Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer condemned China's recent export controls on rare earths, accusing it of economic coercion and threatening potential decoupling from the Chinese economy. Bessent indicated that the current 90-day tariff pause may be extended, although discussions will not occur before the upcoming APEC summit. He emphasized the US's commitment to protecting global supply chains from Beijing's influence and noted ongoing support for Argentina's economic situation.
Source: YAHOO