🚨🚨 #BessentMoves 🚨🚨
: Big moves brewing between the U.S. and China—here’s what you need to know:
🚨 Bessent isn’t playing around — When asked about delisting Chinese companies from U.S. stock markets, Treasury Secretary Scott Bessent said, “Everything’s on the table.” That’s a serious signal.
⚔️ New tariffs coming April 2 — Bessent confirmed the U.S. will roll out country-specific tariffs. Not everyone’s getting hit equally, but 15% of nations will carry most of the weight.
🔥 China hits back hard — In response to Trump’s 104% total tariffs on Chinese imports, Beijing just announced 84% tariffs on ALL U.S. goods. Yeah, that’s an economic punch.
🏭 Manufacturing push — Bessent says the U.S. economy needs to shift toward more domestic production. He also called on China to rely less on exports and more on local demand.
⚠️ Currency warning — He warned China not to devalue the yuan to dodge tariffs. Called it a “tax on the global economy.” Translation: Don’t mess with FX.
🤝 Allies in the spotlight — Bessent didn’t hold back. Told U.S. allies to think twice before getting cozy with China. Called them the “biggest offender” and hinted at custom trade deals for friends.
📉 Markets reacting fast — European markets are sliding. China’s holding steady thanks to internal support. But buckle up—this kind of uncertainty usually brings major volatility.