After making a show of getting tough on China, President Donald Trump desperately needs a trade agreement to prove that his ...

The US government will use its 15% sales tax on NVIDIA and AMD chips sold to China to pay down US debt, in a new strategic ...

Talk of a 50-basis point cut next month, partly fueled by Treasury Secretary Scott Bessent on Wednesday, has evaporated. The ...

One dismayed Democratic lawmaker said the move signals to China “that American national security principles are negotiable ...

Treasury Secretary Scott Bessent has praised the 15% revenue-sharing agreement between the U.S. government and chip giants Nvidia and AMD.

Good morning. The U.S. government’s unprecedented 15% revenue-sharing agreement with Nvidia and AMD on Chinese chip sales ...

Days before winning his second presidential term, Donald Trump made a bold promise: if he returned to the White House, he ...

Treasury Secretary Scott Bessent said the recent deal to allow Nvidia Corp. and Advanced Micro Devices Inc. to resume ...

Bessent called the deal “unique,” before suggesting that it could be a lot less unique soon. Scholars have another word: ...

Treasury Secretary Scott Bessent said Nvidia’s agreement to share 15% of revenue from sales of [artificial-intelligence chips to China]( ...

Speaking on Bloomberg Television, Treasury Secretary said President Donald Trump was the designer of the agreement that ...