U.S. Treasury Secretary Scott Bessent said on Tuesday China ​had been an unreliable global partner during the Middle East war by hoarding oil supplies and limiting exports ‌of some goods, mirroring its actions with medical goods during the COVID-19 pandemic.

Bessent told reporters he had spoken with Chinese officials about the issue. He declined to answer a question about whether the dispute would derail Donald Trump’s plan to visit Beijing in mid-May, but said Trump and Xi ​Jinping had a very good working relationship.

“I think the message for the visit is stability. We’ve had great stability in ​the relationship since last summer; that emanates from the top down,” he said. “I think that communication is ⁠the key.”

  • skozzii@lemmy.ca
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    3 hours ago

    USA is going to sell all its oil reserves and then there will be shortfalls for everyone.

    But, don’t worry the oil companies are doing just fine, and that’s waaaay more important than normies having the necessities to live their lives.