Imagine being one of the analysts that keeps saying China will collapse soon.
Then the U.S. Treasury Secretary comes out saying hopefully the IMF and G7 can help deal with China’s $1 trillion trade surplus, after a year of saying tariffs would crush them.

Treasury Secretary Scott Bessent
@SecScottBessent
Thanks to the mutual respect between @POTUS and President Xi, the U.S.–China relationship has reached a stable but competitive point.
Our goal is fair competition and de-risking, not decoupling. It is clear that China must rebalance, and their persistent $1 trillion trade
Bessent is Trump's doormat
Only took the job for the insider tips to his hedge funds buddies
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share






