News

Global Economic Officials Gather Amid Headwinds From Trump’s Trade War
Treasury Secretary Scott Bessent will meet his international counterparts at a G7 finance ministers meeting in Canada.
Trump tariffs live updates: US and China trade truce grows fragile amid war of words over chips
The trade truce between the US and China appears increasingly fragile, as both sides trade barbs just more than a week after ...
Bessent: Countries bringing ‘good proposals’ with ‘a few exceptions’
Treasury Secretary Scott Bessent stated that the Trump administration’s tariff overhaul has positioned the U.S. for better ...
First Cracks Emerge in US-China Trade Truce
Barely a week after a high-profile joint statement signaled a pause in trade hostilities, the U.S. and China are disagreeing ...
Here’s a look at the sectors getting a boost from the truce in the US-China trade war
Shares of many companies that source at least some of their goods from China are surging on Monday as U.S. and Chinese ...
US and China agree to significant tariff reductions in 90-day trade war truce
"The consensus from both delegations this weekend is neither side wants a decoupling," Treasury Secretary Scott Bessent said.
KSL10d
Bessent hails 'substantial progress' in trade talks with China
Treasury Secretary Scott Bessent on Capitol Hill in Washington, D.C., May 7. Bessent said on Sunday that there had been ...
Scott Bessent says Walmart will absorb some tariff costs – but shoppers may still pay more
Treasury Secretary Scott Bessent said retail giant Walmart "will be absorbing" the impact of President Donald Trump's ...