News

US Treasury's Bessent calls on China to be 'reliable partner' in trade negotiations
U.S. Treasury Secretary Scott Bessent on Wednesday called on China to uphold its commitments under an initial U.S. trade ...
China Limits Rare Earths Deal to Six Months. Bessent Says More Trade Deals Arrive ‘Soon.’
China will only be renewing contracts for its rare earths six months at a time, making rolling trade negotiations more likely ...
Bessent Expects China to Fulfill Agriculture Purchases
Treasury Secretary Bessent Testifies on Budget, Trade Before House ...
Bessent reveals whether Trump will extend tariff deadlines for other countries after breakthrough with China
The Trump administration is “highly likely” to extend next month’s deadline for countries to agree one-for-one trade deals — ...
Bessent boasts new inflation data, China trade progress during budget hearing
Treasury Secretary Scott Bessent is testifying before the House Ways and Means Committee in Washington, D.C., where he ...
Bessent floats extending tariff pause for countries in 'good faith' trade talks
The treasury secretary's remarks indicate the Trump administration might be more inclined to shift the self-imposed deadline ...
Bessent Declines to Outline Next Steps for China Tariffs
Treasury Secretary Scott Bessent on Thursday declined to give clarity on the timeline for U.S. tariffs on China. In May, the U.S. and China agreed to a 90-day pause on sky-high tariffs, giving them ...
Bessent: China opening to US goods could rebalance relations
Treasury's Bessent hopes U.S.-China trade ties will rebalance once China opens up to U.S. goods:: Sen. Steve Daines(R) Montana"What do you see as the next steps? You're right in the middle of this ...
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WATCH: Bessent testifies on Treasury Department priorities after U.S.-China trade talks
Testifying in front of the House Ways and Means committee Wednesday, Bessent was also asked about Trump’s stated desire to ...
U.S.-China Talks Continue as Bessent Leaves
U.S.-China talks on trade have been “productive,” U.S. Treasury Secretary Scott Bessent said. After two full days of talks in ...
Bessent Returns to Washington as US-China Talks Stretch On
Supply Lines is a daily newsletter that tracks global trade. Sign up here.Most Read from BloombergTrump’s Military Parade Has ...
Bessent: China tiene la “opción” de ser o no ser un socio confiable
El secretario del Tesoro estadounidense, Scott Bessent, afirmó que China tiene la opción de ser no ser un socio confiable ...