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% ...
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 ...
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 ...
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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 ...
Treasury Secretary Scott Bessent reminds CBS anchor about wrong inflation prediction: ‘Numbers are the best in 4 years’
Treasury Secretary Scott Bessent took a victory lap Sunday over recent inflation numbers that show a key benchmark hitting a ...
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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Time is running out to reactivate tariffs on China, and it seems that it will not reach a good resolution
The commercial relationship between the United States and China faces renewed strain as both nations exchange accusations ...