Tag: US Treasury Secretary Scott Bessent
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WEEK IN REVIEW: Bessent: U.S. “Happy” With Current Tariffs on China
U.S. Treasury Secretary Scott Bessent said his government is “very happy” with the current level of tariffs on China. The comments show that the Trump administration would like to maintain stability with Beijing, at least until the current trade truce expires in November. “I think right now the ...
Indonesia’s plans to develop its rare earth resources face a geopolitical dilemma because the fastest way to process them relies on China’s dominant technology and supply chains, even as the United States and its allies are urging Jakarta to reduce dependence on Beijing. Photo by AFRIADI HIKMAL / NURPHOTO / NURPHOTO VIA AFP
Indonesia sits on a geological treasure trove of rare earth minerals, and the government is eager to tap into the wealth they could bring. While it knows how to find, mine, and sell the highly sought-after critical materials, it confronts a geopolitical dilemma: The only ...
WEEK IN REVIEW: Bessent: U.S. “Happy” With Current Tariffs on China
U.S. Treasury Secretary Scott Bessent said his government is “very happy” with the current level of tariffs on China. The comments show that the Trump administration would like to maintain stability with Beijing, at least until the current trade truce expires in November. “I think right now the ...