scott bessent china tariffs

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China, Scott Bessent

Treasury Sec. Bessent says ‘neither side backed down’ as U.S. and China slash tariffs

Treasury Secretary Scott Bessent tells Meet the Press that, after his negotiations with Chinese officials, both countries concluded that tariffs rates were “unsustainable” and will continue trade talks.

NBC New York · 6d

Bessent sees tariff agreement as progress in ‘strategic' decoupling with China

The trade pact reached over the weekend represents another stage in the U.S. shaking its reliance on Chinese products, the Treasury chief said.

Chicago Tribune · 6d

US makes ‘substantial progress’ in China tariff talks, Treasury Secretary Scott Bessent says

U.S. negotiators said Sunday that “substantial progress” was made and “perhaps the differences weren’t so large” after two days of negotiations with a high-ranking Chinese delegation on ways to

Walmart, Scott Bessent

The Associated Press on MSN · 8m

Trump’s tariffs may mean Walmart shoppers pay more, his treasury chief acknowledges

Treasury Secretary Scott Bessent acknowledged Sunday that Walmart, the largest U.S. retailer, may pass along some of the costs from President Donald

USA TODAY on MSN · 52m

Scott Bessent says Walmart will absorb some tariff costs – but shoppers may still pay more

Bessent told CNN's "State of the Union" May 18 that he spoke with Walmart CEO Doug McMillon the day before, when Trump told the company on Truth Social that they should "' EAT THE TARIFFS ," and not charge valued customers ANYTHING."

NBC News · 3h

Treasury Sec. Bessent: Walmart will ‘eat some of the tariffs’ after announcing price hikes

After speaking with Walmart CEO Doug McMillon, Treasury Secretary Scott Bessent echoes President Trump, saying Walmart will need to absorb some of the president’s tariffs. The retailer had warned that consumers would see higher prices as a result of the trade war.

1hon MSN

Scott Bessent says tariff uncertainty is a tactic — otherwise countries ‘would play us in the negotiations’

"If we were to give too much certainty to the other countries, then they would play us in the negotiations," Bessent told CNN ...

42m

Bessent: Countries bringing ‘good proposals’ with ‘a few exceptions’

Treasury Secretary Scott Bessent stated that the Trump administration’s tariff overhaul has positioned the U.S. for better ...

3hon MSN

Scott Bessent says tariff rates will return to ‘reciprocal’ levels if countries don’t reach trade deals with US

There are 18 “important” trading partners that the United States is most focused on solidifying deals with, Bessent said. He ...

6don MSN

Scott Bessent Hails China Progress on Fentanyl

U.S. Treasury Secretary Scott Bessent hailed the progress made with China on tackling fentanyl at trade talks in Switzerland, saying Beijing is "now serious" about the issue.

10m

Trump administration eyes regional tariffs as global deal deadline looms

The United States may impose regional tariffs rather than issue blanket ones as a deadline approaches for racing a global ...

Bessent Says More U.S.-China Trade Meetings Likely in ‘Next Few Weeks’

Treasury Secretary Scott Bessent said the U.S. and China could start work soon on a fuller trade agreement, after the ...

US and China reach a deal to slash sky-high tariffs for now, with a 90-day pause

U.S. and Chinese officials said they had reached a deal to roll back most of their recent tariffs and call a 90-day truce in ...

Stocktwits on MSN5d

Larry Summers Lauds Scott Bessent For Reading Market Signals And Backing Off ‘Disastrous’ China Tariffs: ‘Good To Blink When You Make A Mistake’

Former Treasury Secretary Larry Summers praised Scott Bessent, who currently serves in that role under President Donald Trump ...

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