News

Summers Salutes Bessent on China Deal, Says US Retreat Pragmatic
Former Treasury Secretary Lawrence Summers applauded the Trump administration’s walk-back from what he characterized as ...
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 show: Treasury secretary taking over as top dog on Trump’s trade team
An alumnus of the first Trump White House assessed that, of Trump’s Cabinet, Bessent seems to be the “most serious person in ...
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 ...
USA Today8d
Trade deals possible this week but no talks with China; Scott Bessent testimony takeaways
However, Bessent said that Trump is not talking with one of the country's 18 largest trading partners: China. That contradicted previous claims from Trump that the U.S. is engaging with Beijing ...
The Highland County Press4h
US and China hit the pause button on trade war for 90 days, as talks continue
The White House released a statement Monday saying the administration will continue “working toward a rebalancing” of a trade deficit with China. In 2024, the U.S. purchased $295.4 billion more in ...
China Factory Protests Show When US Tariffs Began to Bite
The talks came as protests erupted across China, where the loss of the U.S.—the country's largest single export market—was ...
The U.S. doesn’t want ‘generalized decoupling’ from China, but a strategic break instead, Treasury secretary says
The world's two largest economies shouldn't totally cut themselves off from each other, but the U.S. still needs ...