Sec. Bessent: ‘The Chinese Delegation Basically Told Us that Once Biden Came into Office, They Just Ignored Their Obligations’
‘We had an excellent trade agreement with China, and the Biden Administration chose not to enforce it’
May 12, 2025 1:00 PM
By Grabien Staff
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EXCERPT:
BESSENT: “What has to happen is it has to be fair for the American people. But in January, 2020, President Trump produced a template. We had an excellent trade agreement with China and the Biden administration chose not to enforce it. The Chinese delegation basically told us that once President Biden came into office, they just ignored their obligations.”