Tag Scott Bessent

China, Global Trade, United States

Trump-Xi Summit Ends With Stability but No Breakthrough

The Trump-Xi summit in Washington ended with a two-month extension of the trade truce and nothing else: no deal on Iran, Taiwan, chips or rare earths. Xi wanted an end to arms sales to Taiwan; Trump wanted leverage on Tehran and delivery on old promises. Stability beat escalation, but broken promises earn only a shorter leash.

Admin
September 25, 2026

China, Global Security, Middle East, Terrorism

China Funds Terror: The Implication Behind Bessent’s Iran Oil Warning

Treasury Sec. Scott Bessent (@SecScottBessent) said it plainly before Trump's China trip: Beijing buys 90% of Iran's oil — making China the financial backbone of the world's largest terror sponsor. Hezbollah, Hamas, Houthis — all indirectly funded by Chinese petrodollars. While the U.S. Navy fights in the Strait of Hormuz, China writes the checks.