U.S. could hike tariffs if China backtracks on rare earths: Treasure Secretary Bessent
U.S. Treasury Secretary Scott Bessent looks on as he speaks to the media, following the trade talks between the U.S. and China, in Kuala Lumpur, Malaysia October 26, 2025. | Photo Credit: Reuters U.S. President Donald Trump’s administration is prepared to raise tariffs on China if Beijing continues blocking rare earth exports, Treasury Secretary Scott…
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