United States Treasury Secretary Scott Bessent has accused China of “making provocative moves” and “financing war” as the trade tensions between the two countries escalate. In an interview recently, Scott Bessent had also accused China of seeking to harm the global economy.

The US Treasury Secretary's remarks came after China slapped sweeping new export controls in the rare earths. China is the world's leading producer of the minerals used to make magnets crucial to the auto, electronic and defense industries.

In a TV interview to Fox News, Bessent said, “This is China versus the rest of the world. They announced these export controls that are going to go into effect next month, and we have aggressively pushed back against them. We're not sure where this came from, why the Chinese have

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