China Quotes by Scott Bessent

9 China quotes by Scott Bessent

Scott Bessent’s nine short statements dive into financial markets and trends, providing a compact, market‑focused glance at China.

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If you don't like Chinese economic policy, flooding the market with over production, you could put a sanction on them, or a…

Scott Bessent

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The lesson of global economic integration is that free trade is to some degree in tension with free markets.

Scott Bessent

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Trump does like to pick fights, but it is a mistake to think he is transactional on China.

Scott Bessent

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Undeniably, China is a military risk. It can also be an economic risk.

Scott Bessent

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I think that tariffs in a way can be regarded as an economic sanction without a sanction.

Scott Bessent

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For too long, the conventional wisdom has rejected the use of tariffs as a tool of both economic and foreign policy. However,…

Scott Bessent

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The truth is that tariffs have a long and storied history as both a revenue-raising tool and a way of protecting strategically…

Scott Bessent

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Despite its many flaws, abandoning the international trading system would be a major economic and strategic mistake. Instead, the United States must…

Scott Bessent

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Who knew that many of the key ingredients for our pharmaceutical industry come from China? Essential items, like pharmaceuticals, we should immediately…

Scott Bessent

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If Vice President Albert Arnold Gore, Jr. had won his home state of Tennessee on November 7, 2000, he would have become president of…

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Our firm: We study history. We think about the future. We try to analyze what's going on in the present.

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Tariffs can't be inflationary because if the price of one thing goes up, unless you give people more money, then they have less money…

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President Trump's first-term tariffs did not raise the prices of the affected goods, despite predictions back then that the tariffs would prove inflationary. Indeed,…

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We are stretching our nation's finances and creditworthiness so thin that we may find ourselves unable to afford to defend our interests around the…

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Treasury Secretary Janet Yellen has distorted Treasury markets by borrowing more than $1 trillion in more-expensive shorter-term debt compared with historical norms. Terming out…

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The original sin of Bidenomics was the American Rescue Plan, which became law in March 2021.

Scott Bessent

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Used strategically, tariffs can increase revenue to the Treasury, encourage businesses to restore production and reduce our reliance on industrial production from strategic rivals.

Scott Bessent

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Academic economists have consistently discredited themselves by wrongly warning against the policies of President Trump.

Scott Bessent

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I grew up on a fishing village, a little river, South Carolina.

Scott Bessent

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Allowing the private sector rather than the government to allocate capital is crucial to growth.

Scott Bessent

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Despite its many flaws, abandoning the international trading system would be a major economic and strategic mistake. Instead, the United States must adopt policies…

Scott Bessent

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The reserve currency can go up and down based on the market.

Scott Bessent

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Trump does like to pick fights, but it is a mistake to think he is transactional on China.

Scott Bessent

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The Federal Reserve was forced to raise rates at a record pace after the demand shock created by Biden's multi-trillion-dollar spending packages were launched…

Scott Bessent

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