U.S. Treasury Secretary Bessent: does not wish for overall decoupling from China, but hopes for decoupling on strategic necessities

U.S. Treasury Secretary Bessent said in an interview on Monday that the trade agreement reached over the weekend was another stage in the U.S.'s effort to摆脱 dependence on Chinese products.

In an interview with CNBC, Bessent said, "We do not wish for overall decoupling from China, but we hope for decoupling on strategic necessities."

Bessent did not specify the exact date for the next round of talks between the U.S. and China during the interview, but stated that they should take place within the next few weeks. Bessent noted that it is expected that there will be another meeting with Chinese officials in the coming weeks to continue trade negotiations.

Comment: The U.S.妄图 enjoy the benefits brought by China's vast market and complete supply chain while cutting ties with China on so-called "strategic necessities." Although the Geneva economic and trade talks achieved substantial progress and tariffs between the two countries were reduced by 115%, it must be clear that Sino-U.S. relations can never return to what they once were. In core technologies and strategic mineral resources, the world might even form two systems.

Original article: https://www.toutiao.com/article/1831926732399624/

Disclaimer: This article solely represents the author's personal views.