US Finance Minister Scott Bessent defended his government’s attitude in a customs dispute between the US and China. At the same time, he expressed the belief that Beijing and Washington would restore economic relationships in a way that would be advantageous for both sides. TASR reports this based on Reuters report.
“Strategic uncertainty is a negotiating tactic. If we provide too much certainty to other countries, they would have the upper hand in negotiations,” He said Bessent on Sunday (May 18) in an interview for the TV station CNN. US President Donald Trump repeatedly emphasizes that his business policy aims to restore industrial production in the US. Critics point out that the country for the production of many goods lacks the necessary infrastructure and qualified workforce.
In response to these concerns, Bessent said that pressure on China should not have long -term intervening all categories of products. The intention is not to interrupt the economic relations with the People’s Republic, on the contrary, Trump wants to expand them, the minister said.
According to him, the United States is aware that in some areas they have strategic shortcomings in terms of drugs, semiconductors and steel. “The medium -term goal is to restore these strategic sectors as quickly as possible,” He stressed Bessent.
