Treasury Secretary Bessent says a stock market decline won’t deter the U.S. from taking strong action against China

Treasury Secretary Scott Bessent insisted Wednesday that the U.S. won’t change its trade negotiating stance on China due to stock market volatility. President Donald Trump “likes a high stock market,” but he “believes that the high stock market is a result of good policies,” Bessent said in an exclusive interview at CNBC’s Invest in America…

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JD Vance Trump TikTok China ByteDance

Vice President JD Vance visits “Fox News Sunday” on January 11, 2025. Paul Morigi | Getty Images Entertainment | Getty Images Vice President JD Vance on Sunday said he is optimistic about the future of TikTok in the U.S. “I feel very confident that we have successfully separated this company from TikTok global and actually…

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TikTok tops the trade talk

This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. You can subscribe here. The big story Many in business circles were hoping for a sweeping U.S.-China trade deal, but an agreement now looks even more elusive. The fate of TikTok in…

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China’s trade shifts away from U.S., even in Yiwu

This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. The big story Three young boys eating lollipops joined me on the elevator inside the five-story Yiwu “International Trade Market,” which ships the majority of the world’s Christmas decorations. The kids ran out before…

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