US_ Bessent: China Has Been 'Unreliable Partner'

NEWSMAX

Bessent: China Has Been 'Unreliable Partner'

By Newsmax Wires | Sunday, 02 November 2025 12:20 PM EST


Treasury Secretary Scott Bessent warned Sunday that the United States must urgently reduce its dependence on China for critical minerals, calling Beijing an "unreliable partner" and vowing to move "at warp speed" to secure alternative supply chains.

"We don't want to decouple from China, but we need to de-risk," Bessent told CNN's "State of the Union" on Sunday. "They've shown themselves to be an unreliable partner in many areas." Bessent said the Trump administration's new trade framework with China offers only temporary relief from the growing economic tensions between the two superpowers.

China's repeated attempts to restrict exports of rare-earth minerals — key components in semiconductors, smartphones, and defense systems — had united U.S. allies.

"It wasn't the U.S. versus China," he said. "It's China versus the world. They put it on the whole world, and the whole world pushed back."

The comments came days after President Donald Trump announced a one-year suspension of China's rare-earth export controls and a Chinese commitment to buy more U.S. soybeans as part of a preliminary trade deal.

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READ MORE: https://www.newsmax.com/newsfront/treasury-secretary-scott-bessent/2025/11/02/id/1232890/

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