U.S., China slash tariffs
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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](
U.S. Treasury Secretary Scott Bessent hailed the progress made with China on tackling fentanyl at trade talks in Switzerland, saying Beijing is "now serious" about the issue.
An alumnus of the first Trump White House assessed that, of Trump’s Cabinet, Bessent seems to be the “most serious person in the room.”
Online shoppers in the U.S. will see a price break on their purchases valued at less than $800 and shipped from China after the Trump administration reached a truce with Beijing over sky-high tariffs.
The U.S. and China agreed to a 90-day pause in their trade conflict. Here's what China's tariffs on the U.S. looked like in 2024.
Treasury Secretary Scott Bessent said the Chinese Communist Party did not follow through on its previous trade deal with the United States because the Biden administration failed to enforce it.
Bessent, 63, gave a full-throated defense of the commander-in-chief’s America First agenda, predicting that Trump’s trade, deregulation, and tax policies would unlock a “Golden Age” of economic
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Stocktwits on MSNLarry Summers Lauds Scott Bessent For Reading Market Signals And Backing Off ‘Disastrous’ China Tariffs: ‘Good To Blink When You Make A Mistake’Former Treasury Secretary Larry Summers praised Scott Bessent, who currently serves in that role under President Donald Trump’s administration, for successfully negotiating a trade deal with China. While appearing on CNN’s “The Arena” with Kasie Hunt,