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What will be Scott Bessent's approach to sanctions on China by December 31, 2025?
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Resolution / Starting Odds
Increase in sanctions • 25%
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Official U.S. government announcements or major news outlets
Story
Trump Nominates Scott Bessent as Treasury Secretary, Signaling Hawkish Economic Pivot Amid Tariff Concerns
Nov 30, 2024, 11:00 PM
Donald Trump has nominated Scott Bessent as Treasury Secretary, a move that could have significant implications for U.S.-China trade relations. Analysts suggest that Bessent's appointment may indicate a hawkish economic stance, focusing on dollar dominance, tariffs, and sanctions. This raises questions about whether the U.S. will intensify its economic coercion strategies, particularly in light of Trump's recent threats to impose additional tariffs on China. The nomination has sparked discussions about potential relief for China, despite the ongoing trade tensions. Confirmation of Bessent's appointment remains uncertain as the transition process unfolds.
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Worsened relations • 25%
Improved relations • 25%
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No significant change • 25%
Other significant trade measures • 25%
Decreased tariffs on China • 25%
Increased tariffs on China • 25%
No significant change • 25%
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Other policy focus • 25%
Tax reform proposal • 25%
Sanctions on Russia • 25%
Cryptocurrency regulations • 25%
Financial market reforms • 25%
Trade agreements • 25%
Other • 25%
Other • 25%
Tax reform • 25%
Digital currency policy • 25%
Financial regulation • 25%
Increased sanctions • 25%
Tax cuts for manufacturers • 25%
New tariffs introduced • 25%
No major changes • 25%
Supply chain security • 25%
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Escalation of tensions • 25%
Status quo remains • 25%
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Productive investments • 25%
Tax policy changes • 25%
Supply chain security • 25%
