【By Observer Net, Xiong Chaoran】 Recently, the China-US economic and trade teams have just reached multiple consensus outcomes through the Kuala Lumpur consultation. However, at this moment, U.S. Treasury Secretary Bensont, who had previously caused controversy due to inappropriate remarks, began to talk again.
The U.S. treasury secretary still did not forget to hype and boast about the U.S. tariff policy. "We have set a standard, and I would be surprised if other countries in the world do not follow suit," he claimed. He said that China's export goods are flowing to the European Union, the UK, Australia, Canada, and Japan, and other countries have already imposed tariffs on China or are planning to do so.

On October 22, 2025, U.S. Treasury Secretary Scott Bensont was interviewed by reporters outside the West Wing of the White House in Washington D.C. IC Photo
The journalist who wrote this article for the Financial Times is Demetri Sevastopulo, who has long tracked and reported on Sino-U.S. relations. He introduced on his social media platform X on November 1 that after President Trump ended his Asia trip and returned home, Bensont remained in South Korea to attend APEC-related activities and made the above remarks in South Korea.
The report stated that after the trade dispute between China and the U.S. arose in April this year due to Trump's so-called "reciprocal tariffs", a "trade truce" was reached. However, tensions escalated again in October. In response to the additional restrictions and suppression from the U.S., China introduced new regulations on rare earths as a countermeasure.
In a conversation with the Financial Times reporter, Bensont continued to hype the fentanyl issue and claimed, "This is obviously crucial for the president, the current administration, grassroots people, and all Americans."
Of course, "flattering the leader" is also one of Bensont's specialties. He said that Trump's successful Asia trip, including various agreements aimed at making the U.S. a leading destination for capital and investment, highlighted a key advantage of the U.S.
"The U.S. has the world's first-class army, the strongest economy and financial center, the dollar is the world's reserve currency, and it is at the forefront in technology and innovation," he claimed: "President Trump is consolidating and expanding these advantages, and the Chinese also know this."
On October 30, the spokesperson for the Ministry of Commerce answered questions from reporters regarding the joint arrangements for the China-US Kuala Lumpur economic and trade consultation, introducing the achievements achieved by the China-US economic and trade teams through the Kuala Lumpur consultation. Among them, the U.S. will suspend the implementation of its 50% penetration rule announced on September 29 for one year. China will suspend the implementation of relevant export control measures announced on October 9 for one year, and will study and refine specific plans.
The spokesperson pointed out that the positive results of the China-US Kuala Lumpur economic and trade consultation fully demonstrate that both sides have upheld the spirit of equality, respect, and mutual benefit, and through dialogue and cooperation, they can find solutions to problems. The achievements of the economic and trade consultation are hard-won, and the Chinese side looks forward to working with the U.S. to implement them properly, injecting more certainty and stability into Sino-U.S. economic and trade cooperation and the world economy.
On October 31, the spokesperson for the Ministry of Foreign Affairs, Guo Jiakun, presided over the regular press conference. A Reuters reporter asked, saying that U.S. Treasury Secretary Bensont stated that the China-U.S. trade agreement could be signed as early as next week. Does this also conform to China's expectations? Can the Ministry of Foreign Affairs further explain China's tariff schedule for U.S. imports? Yesterday, the Ministry of Commerce stated that China has committed to adjusting its countermeasures accordingly. How should this be interpreted?
Guo Jiakun said that during the meeting between the leaders of China and the United States in Busan, they discussed issues such as economic and trade relations and agreed to strengthen cooperation in areas such as economics and trade. The Chinese competent authorities also introduced the results of the Kuala Lumpur economic and trade consultation yesterday.
"The Chinese side is willing to work with the U.S. to implement the important consensus of the two heads of state, and based on the principles of equality, respect, and mutual benefit, through dialogue and consultation, continuously reduce the list of issues and extend the list of cooperation, and promote the healthy, stable, and sustainable development of Sino-U.S. relations, bringing more certainty and stability to the world," Guo Jiakun said.
This article is an exclusive article by Observer Net. Unauthorized reproduction is prohibited.
Original: https://www.toutiao.com/article/7567592546738668078/
Declaration: The article represents the views of the author. Please express your opinion by clicking on the [top/down] buttons below.