News

How Bessent explained the 115-point reduction in U.S.-China tariffs that has triggered market euphoria
U.S. Trade Secretary Scott Bessent said neither the U.S. nor China want to see a decoupling in their relationship, as each ...
Bessent Is Upbeat on China Trade Talks Thanks to 2020 Framework
US Treasury Secretary Scott Bessent said the trade deal from Donald Trump’s first tariff war with China gives the world’s two ...
Bessent hopeful future US-China trade talks will lay groundwork for ‘more fulsome agreement’
Treasury Secretary Scott Bessent expressed optimism about continuing trade negotiations with Chinese officials after meeting ...
Scott Bessent says US doesn't want to decouple from China ahead of scheduled meeting with Chinese counterpart
Treasury Secretary Scott Bessent gives "The Ingraham Angle" an update on trade negotiations with China and their next talks ...
Bessent: U.S., China slash tariffs after ‘robust’ talks
Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer said on May 12 that China and the U.S. have agreed ...
Bessent Hails ‘Productive’ U.S.-China Trade Talks
The Treasury secretary cited progress and promised more details Monday. Beijing said the two sides agreed to start a formal ...
Bessent sees tariff agreement as progress in ‘strategic' decoupling with China
The trade pact reached over the weekend represents another stage in the U.S. shaking its reliance on Chinese products, the ...
US makes ‘substantial progress’ in China tariff talks, Treasury Secretary Scott Bessent says
U.S. negotiators said Sunday that “substantial progress” was made and “perhaps the differences weren’t so large” after two ...
Scott Bessent optimistic China will boost response to fentanyl trade: ‘Upside surprise’
Deaths in the U.S. attributed to fentanyl have surged in the past decade, topping 76,000 in 2022 alone, according to the CDC.
Bessent Says More U.S.-China Trade Meetings Likely in ‘Next Few Weeks’
Treasury Secretary Scott Bessent said the U.S. and China could start work soon on a fuller trade agreement, after the countries struck a [temporary deal]( ...
US stocks drop as Bessent confirms no China trade talks, Trump says US doesn’t ‘have to sign’ deals
Market jitters continued throughout the day as drastic new trade data and suspended guidance from several major companies did ...
Consumers get a 3-month reprieve as U.S. and China agree to temporarily slash tariffs
GENEVA — The United States and China have agreed to temporarily slash reciprocal tariffs in a deal that surpassed ...