China, US stuck in cycle of trade disputes and truces, trade specialist says
US Treasury Secretary Scott Bessent slammed Beijing's rare earth export curbs Wednesday as "China versus the world" as trade tensions mount. Speaking on FRANCE 24, Gavin Bade, trade specialist at the Wall Street Journal, explains that the US and China seem to be in a cycle of conflicts and truces on trade and 'each and every time this happens there's more risk to the global economy, more uncertainty for businesses and more wild rides for the stock market'.
US Treasury Secretary Scott Bessent slammed Beijing's rare earth export curbs Wednesday as "China versus the world" as trade tensions mount. Speaking on FRANCE 24, Gavin Bade, trade specialist at the Wall Street Journal, explains that the US and China seem to be in a cycle of conflicts and truces on trade and 'each and every time this happens there's more risk to the global economy, more uncertainty for businesses and more wild rides for the stock market'.
This article has been sourced from various publicly available news platforms around the world. All intellectual property rights remain with the original publishers and authors. Unshared News does not claim ownership of the content and provides it solely for informational and educational purposes voluntarily. If you are the rightful owner and believe this content has been used improperly, please contact us for prompt removal or correction.
