Daily News on GETTR : Treasury Secretary Bessent: “The Chinese (CCP) business model and the economy are the most unbalanced, imbalanced in the history of t...
Treasury Secretary Bessent: “The Chinese (CCP) business model and the economy are the most unbalanced, imbalanced in the history of the modern world. We've never seen anything like this.” “They're (CCP) in a deflationary recession slash depression right now. They're trying to export their way out of it, and we can't let them do that.” “Chinese consumers really get the short end of the stick. So, Chinese households are caught in what's called a middle income trap.” “Their (CCP) business model is broken. I think President Trump's broken their business model with these tariffs.”
Treasury Secretary Bessent: “The Chinese (CCP) business model and the economy are the most unbalanced, imbalanced in the history of the modern world. We've never seen anything like this.” “They're (CCP) in a deflationary recession slash depression right now. They're trying to export their way out of it, and we can't let them do that.” “Chinese consumers really get the short end of the stick. So, Chinese households are caught in what's called a middle income trap.” “Their (CCP) business model is broken. I think President Trump's broken their business model with these tariffs.”

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