U.S. Treasury Secretary Scott Bessent raised “serious concerns” about China’s economic imbalances and “unfair policies” during an introductory call with his Chinese counterpart, the Treasury Department said on Feb. 21.
Bessent emphasized that the Trump administration is committed to “pursue trade and economic policies that protect the American economy, the American worker, and our national security,” the Treasury said in a statement.
According to a summary of the exchange, Bessent told Chinese Vice Premier He Lifeng that Washington is particularly worried about China’s “counternarcotics efforts.”
The two top economic officials agreed to maintain communication moving forward, the Treasury said….