News

US, China tariffs both need to fall for trade talks to start, Bessent says
U.S. Treasury Secretary Scott Bessent said on Wednesday that he believes that excessively high tariffs between the U.S. and ...
Treasury chief Scott Bessent says U.S. has an "an opportunity for a big deal" with China
Treasury Secretary Scott Bessent on Wednesday said he believes the Trump administration could strike a deal with China.
White House eases tone on tariffs on China but won’t be cutting them soon, it says
Treasury Secretary Scott Bessent said President Trump will not reduce tariffs on China without an agreement by both ...
Bessent says China tariffs are not sustainable as US signals willingness to de-escalate
U.S. Treasury Secretary Scott Bessent said on Wednesday that high tariffs between the United States and China are not ...
Treasury Secretary Bessent says there's an opportunity for a 'big deal' with China
Treasury Secretary Scott Bessent said that there's an opportunity to do a "big deal" with China to reduce tariffs if the ...
US Treasury chief defends ‘strategic uncertainty’ of Trump tariffs
Details of actual trade deals that are on the table, however, have been scant. Read more at straitstimes.com. Read more at straitstimes.com.
Trump says he won’t play ‘hardball’ with China or mention COVID — after Bessent calls tariff standoff unsustainable
Scott Bessent’s reported comments caused shares to briefly spike on Wall Street, with investors watching closely for any ...
Sen. Warren Asks Bessent for Details of Investor Meeting
Sen. Elizabeth Warren (D., Mass) asked Treasury Secretary Scott Bessent to disclose details of a closed-door investor meeting ...