Treasury Secretary Bessent Advocates for Balanced US-China Trade Ahead of Talks
Treasury Secretary Scott Bessent, speaking in New York, called for a more balanced US-China trade relationship ahead of upcoming talks, citing American over-dependence on imports.
Lafayette, LA, November 10, 2026 — Treasury Secretary Scott Bessent has called for a recalibration of the trade relationship between the United States and China, advocating for a more balanced approach. The remarks were made during a recent address in New York City.
Secretary Bessent specifically highlighted concerns regarding what he described as American over-dependence on imports from China. This observation comes in anticipation of upcoming trade discussions between the two economic powers.
The Treasury Secretary’s statement signals a potential focus on trade imbalances and strategic economic dependencies as a key agenda item in future bilateral engagements. The specific details of the upcoming talks were not provided. The extent of the perceived over-dependence, along with specific sectors or goods involved, was not detailed in the summary.
The call for balance suggests a desire from the U.S. Treasury to foster domestic economic resilience and potentially diversify supply chains. The implications for American businesses and consumers were not elaborated upon.
Further information regarding the specific objectives of Secretary Bessent or the U.S. delegation in the upcoming talks was not available. The exact date of the speech in New York was also not specified. The nature of the proposed balance and the strategies to achieve it remain subjects for future clarification as discussions progress.
Story summarized from the original created by MATT SEDENSKY, Associated Press on www.klfy.com, see more information here.
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