News

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 ...
Bessent Warns Reciprocal Tariffs Will Return Without 'Good Faith' Talks
The treasury secretary said Sunday that countries that do not engage in "good faith" negotiations could face a return to the tariff levels announced on April 2.
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 ...
Trump and China close in on trade deal after productive talks, Bessent says
President Donald Trump's Treasury Secretary Scott Bessent provided an update on its productive trade negotiations with China.
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.
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 ...
How Bessent explained the 115-point reduction in U.S.-China tariffs that has triggered market euphoria
U.S. Trade Secretary Scott Bessent said neither the U.S. nor China want to see a decoupling in their relationship, as each ...
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 ...