Treasury Secretary Bessent Stresses U.S. Will Not Decouple from China
Treasury Secretary Bessent stated that the U.S. does not aim to decouple from China but instead focuses on opening markets and restoring balance in trade.
According to Bessent, the U.S. will continue trading with China, particularly in non-strategic goods, and at lower tariff levels.
Bessent highlighted that the long-term goal is to bring back essential strategic industries to the U.S. The COVID-19 pandemic revealed significant shortfalls in critical sectors such as medicines, semiconductors, and steel.
The U.S. intends to address these gaps by ramping up domestic manufacturing, while maintaining trade relations with China in areas that benefit small businesses.
Continued Collaboration Despite Tariff Adjustments
Bessent emphasized that while the U.S. aims to restore key industries, trade with China will continue, particularly for non-strategic products, with tariff levels reduced. She stressed that this approach aligns with President Trump’s desire to open up China for business, without severing trade ties.
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
