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% ...
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 ...
Bessent: Margaret, Why Don’t We Focus On What Has Happened And Does Happen, Not What You Allege Might Happen
Treasury Secretary Scott Bessent responds to criticism of the impact of the Trump tariffs on American ikporters and retailers ...
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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 ...
Trump announces US-China trade talks in London on June 9; Bessent, Lutnick, Greer to lead American delegation
This follows the much-anticipated telephonic conversation between Trump and Chinese President Xi Jinping on Thursday, in ...
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 ...
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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 ...