US Treasury Secretary Scott Bessent has insisted that Washington will not change course in trade talks with China just because of a stock market crash.
In a recent interview, he rejected claims that the US is passive in the face of a prolonged trade conflict, while expressing disappointment that some media outlets are citing Chinese propaganda views.
The statement came as the US stock market rebounded after President Donald Trump threatened new tariffs and China's retaliation against rare earth metal exports.
Bessent said Trump believes the strong stock market is the result of good economic policies, not short-term political factors.
He also highlighted the increase in investment in technologies such as AI as evidence that US economic policies remain sound despite market volatility.