China, Trump and Scott Bessent
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CNBC’s Eamon Javers sits down for an exclusive interview with Treasury Secretary Scott Bessent to discuss the possibility of a Trump–Xi Jinping meeting, China’s purchases of Iranian oil, and more.
Wrapping up two days of U.S.-China trade talks in Stockholm, Bessent said he also expressed U.S. displeasure at China's continued purchases of sanctioned Iranian oil, and its sales of over $15 billion worth of dual-use technology goods to Russia that have bolstered Moscow's war against Ukraine.
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Treasury Secretary Scott Bessent said the government would be closely monitoring whether the European Union invests $600 billion in the U.S., which was part of a trade deal reached this weekend. “On paper this is the deal of the century,
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Treasury Secretary Scott Bessent said Tuesday that a “formal process” to find a successor for Federal Reserve Chair Jerome Powell has already started — as the Trump administration ratchets up pressure for the top central banker to step aside before his term ends.
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After news emerged that China’s delegation had indicated a 90-day extension of the two economies’ trade-war truce was agreed, Bessent said, “I think our Chinese counterparts have jumped the gun a little.