Signalling the growing frustration of the US with China , US Treasury Secretary Scott Bessent lashed out at the Chinese trade negotiator for turning up in Washington recently without any invitation and behaving in an "unhinged" manner. In an interview, Bessent asserted that it was "China versus the world" as he slammed Beijing's rare earth export curbs.

The outburst comes amid an escalating trade war between the US and China. Trump has threatened an additional 100% tariff on Chinese goods, days after Beijing imposed fresh controls on the export of rare earth technologies.

US Treasury Secretary Bessent: There is a low-level official in the Chinese trade team who is unhinged, and his name is Li Chenggang. In August, Li Chenggang made threats to plunge the global economy into chaos

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