Bessent Says Tariffs On China Are 'Far From A Joke,' Dismisses Treasury Dumping Fears - Invesco DB USD Index Bullish Fund ETF (ARCA:UUP)

US Treasury secretary: no risk of China weaponizing Treasuries despite bond market volatility

(Reuters) – U.S. Treasury Secretary Scott Bessent in an interview with Yahoo Finance on Tuesday dismissed concerns over China weaponizing its Treasuries despite bond market volatility and added there was no risk of China potentially using its robust Treasury pile to inflict economic pain on the United States. “If Treasuries hit a certain level or if the Federal Reserve believed that a foreign — I won’t call them an adversary — but a foreign riva…

U.S. Treasury Secretary Addresses China Treasury Concerns Amidst Economic Tensions

U.S. Treasury Secretary Addresses China Treasury Concerns Amidst Economic Tensions In a recent interview with Yahoo Finance, U.S. Treasury Secretary Scott Bessent sought to assuage fears about China's potential to weaponize its substantial U.S. Treasury holdings. Despite recent fluctuations in the bond market, Bessent emphasized that no substantial risk exists of China using its Treasury assets as a tool for economic leverage against the United …

How Treasury’s Bessent Went From Soros Employee to One of Trump’s Top Lieutenants

One of the most prominent defenders of the Trump agenda during the president’s second term has been Secretary of the Treasury Scott Bessent. A relative unknown on the national stage prior to being tapped for the post, Bessent, 62, has quickly become one of the president’s most effective communicators. A recent poll found him to be the most popular Cabinet member in the second Trump administration.  Bessent was born in Conway, South Carolina, to …

Bessent Says Tariffs On China Are 'Far From A Joke,' Dismisses Treasury Dumping Fears - Invesco DB USD Index Bullish Fund ETF (ARCA:UUP)

Treasury Sec. Bessent confident in trade talks & US markets despite volatility. Fast-moving agenda to reshape trade & keep hard line on China.

Even higher US tariffs would "be a joke in the history of the global economy," the Chinese Department of Commerce blasphemes. US Treasury Secretary Scott Bessent counters – and hopes for a deal at the same time.

US hits China with 145pc tariffs, Trump vows more as Xi decries ‘unilateral bullying’

BUENOS AIRES, April 15 — Treasury Secretary Scott Bessent on Monday said there was no reason that the US and Chinese economies had to cleave apart, saying a deal could be done even as the two economic powerhouses trade tariff threats. “There’s a big deal to be done at some point” Bessent said when asked by Bloomberg TV about the possibility that the world’s largest economies would decouple. “There doesn’t have to be” decoupling, he said, “but th…