China will work behind the scenes to help reopen the Strait of Hormuz, Bessent says ⊕
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2026 › May › 14
Bessent
75 days ago
President Trump held talks with President Xi during a two-day summit in Beijing on Thursday.
Bessent sees 'substantial disinflation' ahead as Warsh takes over the Fed ⊕
Bessent said the energy-fed inflation surge recently is likely to reverse as the U.S. is "going to keep pumping."
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