Wall Street in green as Bessent says U.S. pushing back against China export controls

Digi 24

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U.S. President Donald Trump would like to see the Chinese leader Xi Jinping in South Korea at the end of October. The interview would take place in the context where the two parties are trying to reduce the tension associated with the trade disputes, U.S. Secretary of Treasury Scott Bessent. The latest break of the announcement, made by Joi of China, will dramatically extend the control over exports of rare metals. This has been a painful reacti…

CNN Brasil

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U.S. Treasure Secretary Scott Bessent said in an interview with Fox Business this afternoon (13) that the rate of 100% against China's assets does not need to be effective. According to him, the lines of communication with Chinese authorities have been reopened and are ongoing this week, following the threat of US President Donald Trump on Saturday (10). Bessent argued that the decision to relocate export controls on rare land goods may not have…