News

Bessent defends tariff policy as retailers weigh price hikes: "Some are and some aren't"
As the trade standoff with China continues, President Trump announced the tariff on foreign steel will double from 25% to 50% ...
Treasury Secretary Scott Bessent reminds CBS anchor about wrong inflation prediction: ‘Numbers are the best in 4 years’
Treasury Secretary Scott Bessent took a victory lap Sunday over recent inflation numbers that show a key benchmark hitting a ...
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Scott Bessent talks about 'a stalemate' in talks with China, tariff pause expires July 9
The Trump administration's trade policy remains a source of uncertainty, highlighted by U.S. Treasury Secretary Scott Bessent ...
Bessent Says China Trade Talks ‘Are A Bit Stalled’—U.S. Futures Slip
Treasury Secretary Scott Bessent said trade talks between China and the U.S. have stalled and a direct call between the two ...
US declines to label China a currency manipulator, but blasts its transparency policies
The U.S. declined to label China a currency manipulator in a new Treasury report, but accuses Beijing of standing out among ...
USD/CAD remains below 1.3700 due to US Dollar pullback, US-China discussion awaited
USD/CAD edges lower US Dollar corrects downward on Monday. US Treasury Secretary Scott Bessent is scheduled to meet with Chinese officials on Monday. The upbeat sentiment from the potential US-China ...
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Bessent says China already violating its latest trade deal
Treasury Secretary Scott Bessent said Sunday that China is withholding critical minerals it agreed to release in a trade deal ...
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Time is running out to reactivate tariffs on China, and it seems that it will not reach a good resolution
The commercial relationship between the United States and China faces renewed strain as both nations exchange accusations ...