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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 ...
Independent Journal Review1h
Tariffs Will Likely Lead To Price Increases, Bessent Says
Treasury Secretary Scott Bessent conceded on Sunday that President Donald Trump’s tariffs could increase prices for consumers. Walmart CEO Doug ...
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.
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 ...
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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 ...
Bessent show: Treasury secretary taking over as top dog on Trump’s trade team
An alumnus of the first Trump White House assessed that, of Trump’s Cabinet, Bessent seems to be the “most serious person in ...