Treasury Secretary Scott Bessent said the Chinese Communist Party did not follow through on its previous trade deal with the United States because the Biden administration did not hold up its end of the deal.
The U.S.’s recent trade deal with China included negotiations such as “tariffs, nontariff trade barriers, currency manipulation and subsidies of labor and capital,” Bessent said on Bloomberg Surveillance on Monday.
Recommended Stories
Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.