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Scott Bessent: “The world cannot take a China with a trillion dollar trade…”

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

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LIVE: Treasury Secretary Bessent discusses global finance

Published | Video Starts at 17:49

Because I can tell you like this slow motion buildup of global imbalances after a lack of sustainable growth is the biggest risk. The world cannot take a China with a trillion dollar trade surplus. And I think you're absolutely right. And one of those points that we believe somehow that climate is so important that we need to do everything that you know, the … (17:49–17:55)

CLAIM

Asserts that a trillion-dollar trade surplus by China is unsustainable for the world.

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