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China on Wednesday lashed out at the United States after the White House confirmed tariffs on some Chinese goods had surged to 245%. Beijing called the move “irrational” and accused Washington of using pressure tactics and intimidation. The White House defended the hike, saying the tariffs were a response to Beijing’s trade practices. A statement …
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President-elect Donald Trump has announced the nomination of Scott Bessent, a prominent hedge fund CEO, as his pick for Treasury secretary. Known for his expertise in global investment and economic strategy, Bessent’s selection underscores Trump’s commitment to bolstering U.S. competitiveness and addressing trade imbalances. Trump’s Confidence in Bessent In a statement, Trump expressed his confidence …
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