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 ...
Bessent believes China impasse over tariffs will de-escalate
Treasury Secretary Scott Bessent told an investor summit Tuesday that he expects the tariff war between the U.S. and China ...
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 ...
US Treasury's Bessent Urges Asian Development Bank to Move Towards Ending China Loans
WASHINGTON (Reuters) - U.S. Treasury Secretary Scott Bessent urged Asian Development Bank President Masato Kanda to take ...
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 ...
Bessent Says U.S. Wants to Help China Pivot Away From Exports
The U.S. wants to help China pivot away from an economic model focused on exports instead of consumption, Treasury Secretary ...
Stock Futures Fall After Bessent Dents U.S.-China Trade Hopes
Stock futures were pointing to losses on Thursday, with investors still trying to make sense of the U.S.-China trade war ...
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 ...