Bessent Warns China Could Lose 10 Million Jobs Due to Tariffs
U.S. Treasury Secretary Scott Bessent stated on April 29 that China might face a rapid loss of 10 million jobs as a result of tariffs, indicating significant economic impacts for Beijing.
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U.S. Treasury Secretary Scott Bessent predicted on Tuesday (April 29) that China could lose 10 million jobs quickly due to tariffs and that Beijing will see over time that Chinese tariffs are not sustainable. - REUTERS
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Apr 30, 2025
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