US Treasury Secretary Highlights China's Role in Trump's Trade Agenda

During his keynote speech at the Milken Conference, US Treasury Secretary Scott Bessent emphasized that "China is the biggest piece of [US President Donald] Trump's trade puzzle." This statement underscores the significant focus the Trump administration places on China in its trade and economic policies.

Resilience of the American Economy

Bessent also reflected on the resilience of the American economy, noting, "Each time the American economy gets knocked down, it gets back up again. And it gets back up even stronger than it was before." This optimism reflects the administration's confidence in current and future economic strategies.

US: The Premier Destination for Global Capital

Further bolstering his argument, Bessent touted the United States as the "premier destination" for global capital. He argued that the policies implemented by the Trump administration are designed to not only maintain but also strengthen this position on the global stage.