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Scott Bessent: “China's accession to the WTO and the granting of permanent…”

Featuring: Scott Bessent, Republican | Secretary of the Treasury | National

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FULL REMARKS: Treasury Secretary Scott Bessent Speaks At Reagan National Economic Forum

Published | Video Starts at 03:46

… international order, will find sooner or later that these two silos collapse into each Other as damaging as our willingness to extend strategic trust where it had been not earned. China's accession to the WTO and the granting of permanent normal trade relations were sold to the American people as steps that would level markets and moderate behavior. Instead, we left our workers to compete against state led subsidies, excess capacity and practices that distort trade and undermine reciprocity. (03:46–03:59)

CLAIM

Asserts that China's WTO accession was intended to level markets and moderate behavior.

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