Trump picks pro-tariff billionaire Scott Bessent for treasury secretary

Hedge fund founder says countries like China have exploited U.S. openness

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Key Square Group founder Scott Bessent speaks at a campaign event for Donald Trump in North Carolina in August. © Reuters

JACK STONE TRUITT, Nikkei staff writer

NEW YORK -- U.S. President-elect Donald Trump on Friday named hedge fund manager Scott Bessent as his choice for treasury secretary.

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