News

Bessent Suggests China Deal Is Close

Treasury Secretary Scott Bessent conveyed confidence that the U.S. and China would soon reach a deal on tariffs. “I believe ...

Bessent tells countries don’t ‘panic’ if trade deals aren’t made before tariff deadline, insists US has leverage over China

The Treasury head said recent trade deals announced by the US — including with the European Union and Japan — created a “lot ...

Bessent says child savings accounts in Trump law are 'a back door for privatizing Social Security'

The children's savings program included in President Donald Trump's tax break-and-spending cut law “is a back door for ...

China promises to help companies slammed by tariffs, as talks with the US left in limbo

China's top leaders have pledged to help companies slammed by higher U.S. tariffs but held back on major moves after trade ...

US toy makers are getting slammed by China tariffs — and have dire warnings if the mess isn’t fixed soon

US toy makers are getting slammed this summer by President Trump’s China tariffs — and some are sounding dire warnings about ...

Treasury Secretary Bessent details Trump administration's plan to tackle China's economic imbalances

China trade has reached a "good place" with reduced tariffs, but said China's 30% share of global manufacturing is ...

U.S. and China Meet as Trade Truce Nears Expiration

Top American and Chinese officials are meeting for two days of talks in Stockholm as the Trump administration tries to ...