News

Bessent says US will weigh China's failure on 'phase one' trade deal from first term in negotiations
Treasury Secretary Bessent said the Trump administration will weigh China's lack of compliance with the "phase one" trade ...
Treasury Secretary Bessent: We're Doing "Bespoke Deals" With 18 Important Trade Partners
Good to see you. You get the best reviews in the administration outside the president. Your thoughts about the U.S.-China ...
U.S. Textile Industry Rejects Bessent’s Suggestion Boom Times Are Over
A textile trade association that has backed President Trump’s trade strategy took issue with Treasury Secretary Scott Bessent ...
US tariffs could cost China 5–10 million jobs, 'onus' on Beijing, Bessent says
The administration later walked back its initial proposal, and announced April 9 it would immediately hike tariffs on Chinese ...
Bessent announces no new trade deals, hints India close
Treasury Secretary Scott Bessent announced no new tariff deals with major trading partners Tuesday but hinted negotiations ...
Treasury Secretary Bessent: Despite "Media Driven" Pessimism About Economy, Americans Are "Still Spending"
Treasury Secretary Scott Bessent responds to new polls showing people losing faith in Trump's economy and blames the news ...
Bessent says US ready to sign Ukraine mineral deal ‘this afternoon’ despite late changes
Bessent did not reveal any specifics of the deal, but said that Washington and Kyiv came to an agreement over the weekend.
Wall Street Sees Bessent Playing Safe on Debt After Market Chaos
Treasury Secretary Scott Bessent’s debt-management team is expected to keep the department’s plans for sales of longer-dated ...