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Treasury Secretary Scott Bessent arrives for a press conference with President Donald Trump and Israeli Prime Minister Benjamin Netanyahu in the East Room of the White House on Feb. 4, 2025. Jim Watson/AFP via Getty Images
Treasury Secretary Scott Bessent on Wednesday warned other countries not to align themselves with China on trade as it engaged in tit-for-tat tariffs on the United States.
Bessent delivered the warning at the American Bankers Association in Washington, saying that seeking closer ties with Beijing “would be cutting your own throat.”
Jack Phillips is a breaking news reporter who covers a range of topics, including politics, U.S., and health news. A father of two, Jack grew up in California's Central Valley. Follow him on X: https://twitter.com/jackphillips5