News

Bessent Says He Expects China Trade Tensions Will De-Escalate
Treasury Secretary Scott Bessent said at a closed-door JPMorgan investor summit that he expects trade tensions with China to ...
US Treasury's Bessent urges Asian Development Bank to move towards ending China loans
U.S. Treasury Secretary Scott Bessent urged Asian Development Bank President Masato Kanda to take concrete steps towards ...
Treasury Secretary Scott Bessent says China has ‘opportunity for a big deal’ with US as trade war appears to cool
Speaking in the Oval Office after a brief swearing-in ceremony for Securities and Exchange Commission Chair Paul Atkins ...
Bessent says IMF and World Bank need reform and there’s an ‘opportunity for a big deal’ with China
Treasury Secretary Scott Bessent has played a balancing act trying to reassure nervous investors that the U.S. would maintain ...
US, China tariffs both need to fall for trade talks to start, Bessent says
U.S. Treasury Secretary Scott Bessent said on Wednesday that he believes that excessively high tariffs between the U.S. and ...
Bessent Says Trump Hasn’t Made Unilateral Offer to Cut Tariffs on China
President Trump hasn’t offered to take down U.S. tariffs on China on a unilateral basis, Bloomberg News quoted Treasury ...
US Treasury secretary says trade war with China is not ‘sustainable’
U.S. Treasury Secretary Scott Bessent said in a Tuesday speech that the ongoing tariffs showdown with China is unsustainable ...
US Treasury chief expects China tariff impasse to de-escalate, offer markets relief: Source
Wall Street’s major indexes jumped after a news report on the US Treasury chief’s comments. Read more at straitstimes.com.