Foreign media: US Treasury Secretary Scott Bessenet said that the US hopes to engage in fair and sustained competition with China, and strengthen economic and political relations with Latin America.
He emphasized that Washington does not want to cut economic ties with China, but wants to reduce risks exposure in areas related to national security. Bessenet mentioned key minerals, semiconductors, and the pharmaceutical industry as strategic areas where the US hopes to enhance domestic capabilities and supply chain diversification, and pointed out that the global economy cannot afford China's ongoing trade surplus of about $1 trillion, implying that China needs to change its growth model.
This statement was made before President Trump's planned visit to China in April and the upcoming high-level talks between China and the US, aiming to stabilize bilateral business relations.
Original article: toutiao.com/article/1856843582458947/
Statement: This article represents the views of the author alone.