News

Treasury Sec. Bessent says ‘neither side backed down’ as U.S. and China slash tariffs
Treasury Secretary Scott Bessent tells Meet the Press that, after his negotiations with Chinese officials, both countries ...
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: 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 ...
Scott Bessent urges tax cuts to offset possible tariff inflation
Treasury Secretary Scott Bessent suggested critics of President Donald Trump‘s tariff plan should be open to cutting taxes, ...
Trump tariffs live updates: US and China trade truce grows fragile amid war of words over chips
The trade truce between the US and China appears increasingly fragile, as both sides trade barbs just more than a week after ...
3Scott Bessent Says US Will 'Continue Trading With China'...
Treasury Secretary Scott Bessent made fresh clarifications on the country's evolving trade posture, particularly in relation ...
Scott Bessent says Walmart will absorb some tariff costs – but shoppers may still pay more
Treasury Secretary Scott Bessent said retail giant Walmart "will be absorbing" the impact of President Donald Trump's signature tariffs, but some costs "may get passed on to consumers." Bessent told ...