How Does US Treasury Rally Allies and Handle China? | Taiwan Talks EP836

US Treasury Secretary Scott Bessent's preparatory meetings in South Korea and Japan outline a transactional \"neo-mercantilist\" strategy ahead of a US-China summit. The US aims to leverage Indo-Pacific allies to counterbalance China, utilizing economic coercion and trade-offs—such as the \"Three Bs\" for \"Three Ts\"—to address trade imbalances and secure strategic industrial gains.