'China will hurt most': US trade czar attacks Beijing over 'chaos'; Trump ready to meet Xi

US Treasury Secretary Scott Bessent criticised China's new rare earth export restrictions as a "China versus the world" move, vowing allies will "neither be commanded nor controlled." He urged de-risking and diversifying supply chains away from China, while hinting at a potential tariff pause if Beijing delays its curbs.

'China will hurt most': US trade czar attacks Beijing over 'chaos'; Trump ready to meet Xi
US Treasury Secretary Scott Bessent criticised China's new rare earth export restrictions as a "China versus the world" move, vowing allies will "neither be commanded nor controlled." He urged de-risking and diversifying supply chains away from China, while hinting at a potential tariff pause if Beijing delays its curbs.