Bessent says chill, re-center

Posted 4/25/25

U.S. Treasury Secretary Scott Bessent told investors at a closed-door JPMorgan Chase summit Tuesday that the ongoing trade conflict between the United States and China is “unsustainable,” and indicated that both sides would need to find ways to de-escalate. In a speech the next day Bessent called for a "recentering" of the missions of the IMF and World Bank.

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