WASHINGTON (Reuters) -U.S. aircraft engines and parts, along with certain chemicals, could give the United States leverage in its talks with China, U.S. Treasury Secretary Scott Bessent said on Wednesday. Bessent told Fox Business Network’s “Mornings with Maria” program that rare earth minerals from China were flowing, but the U.S. was working to shore up […]
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Bessent says aircraft engines, chemicals could be leverage in US-China talks
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WASHINGTON (Reuters) -U.S. aircraft engines and parts, along with certain chemicals, could give the United States leverage in its talks with China, U.S. Treasury Secretary Scott Bessent said on Wednesday.
Bessent told Fox Business Network’s “Mornings with Maria” program that rare earth minerals from China were flowing, but the U.S. was working to shore up supplies of certain strategic goods and products.
“We’re not without levers on our side. We have plenty of products that they depend on us for,” Bessent said, listing aircraft engines and parts, along with certain chemicals and plastics, as well as the ingredients for silicon.
(Reporting by Andrea Shalal and Doina Chiacu, Editing by William Maclean)