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Scott Bessent: “On October 8, the Chinese government announced rare earth…”

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

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BREAKING NEWS: Scott Bessent Questioned About Trump's Greenland Ambitions, Tariffs At WEF In Davos

Published | Video Starts at 12:30

And because of that, Mexico came to the table, Canada came to the table, China who exports or their precursor drugs have all come to the table and we're seeing a substantial drop and protecting the American people. On October 8, the Chinese government announced rare earth export controls on the entire world, not just the US. and which would have caused an industrial meltdown. President threatened 100% tariffs on China if they did this. My Chinese counterpart, who's been a very good. (12:30–12:39)

CLAIM

Asserts that China announced rare earth export controls on October 8.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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