Bessent: China Escalation ‘Big Mistake,’ Playing a ‘Losing Hand’

RUSH EXCERPT:

BESSENT: “I think it was a big mistake, this Chinese escalation, because they’re playing with a pair of twos. Traditional if you look at the history of the trade negotiations we are the deficit country. What do we lose by the Chinese raising tariffs on us? We export one-fifth to them of what they export to us, so that is a losing hand for them.”

(Via Breitbart)