News

Bessent says China tariffs are not sustainable as US signals willingness to de-escalate
U.S. Treasury Secretary Scott Bessent said on Wednesday that high tariffs between the United States and China are not ...
Bessent Says No Unilateral US Offer to Cut Tariffs on China
Treasury Secretary Scott Bessent said that President Donald Trump hasn’t offered to take down US tariffs on China on a ...
Treasury chief Scott Bessent says U.S. has an "an opportunity for a big deal" with China
Treasury Secretary Scott Bessent on Wednesday said he believes the Trump administration could strike a deal with China.
Bessent believes China impasse over tariffs will de-escalate
Treasury Secretary Scott Bessent told an investor summit Tuesday that he expects the tariff war between the U.S. and China ...
White House eases tone on tariffs on China but won’t be cutting them soon, it says
Treasury Secretary Scott Bessent said President Trump will not reduce tariffs on China without an agreement by both ...
Trump says he won’t play ‘hardball’ with China or mention COVID — after Bessent calls tariff standoff unsustainable
Scott Bessent’s reported comments caused shares to briefly spike on Wall Street, with investors watching closely for any ...
Treasury Secretary Bessent says there's an opportunity for a 'big deal' with China
Treasury Secretary Scott Bessent said that there's an opportunity to do a "big deal" with China to reduce tariffs if the ...
Sen. Warren Asks Bessent for Details of Investor Meeting
Sen. Elizabeth Warren (D., Mass) asked Treasury Secretary Scott Bessent to disclose details of a closed-door investor meeting ...