Scott Bessent: “Here in Texas, meanwhile, the contrast is so striking that it begins to feel like a tale of two states.”

No one is above this. This is economic asphyxiation of this regime … and no one should test our resolve.

We do not have infinite patience here," he told CBS News.

I emphasized that we expect Beijing to fully meet its commitments on rare earths and U.S. agricultural products.

No one is above the reach of U.S. sanctions," Bessent said.