Bessent has steadily grown into his role as Trump’s market whisperer over the past nine months and was more tempered than Greer.

The top Trump official said China's rare earth export controls were "clearly something that they were planning all along."

All three major stock indexes were advancing in Wednesday morning trading as Treasury Secretary Scott Bessent discussed the possibility of a longer pause on high tariffs against China. He pointed to t

US Treasury Secretary Scott Bessent lashed out at a top Chinese trade official, saying he turned up in Washington recently uninvited and behaved in an “unhinged” fashion typical of Beijing’s so-called wolf warrior diplomats.

FREE TO READ] US Treasury secretary tells FT that Beijing’s export controls are ‘a sign of how weak their economy is’

The remarks come amid renewed strain in US-China relations following Beijing’s restrictions on rare-earth exports, which Washington sees as an attempt to gain leverage in trade negotiations.

President Trump threatened an additional 100% tariff on Chinese goods in response to Beijing’s rules requiring companies to seek permission to export products made with rare-earth or

US Treasury Secretary Scott Bessent predicted a coordinated response to China’s move from the US and several allies including Australia and Canada.