4 d. ago Treasury secretary Scott Bessent insists US will ‘never default’ on its debt

Trump administration official seeks to assuage growing investor concern over the country’s public finances

Politics

4 d. ago Treasury secretary Bessent insists US will ‘never default’ on its debt

Trump administration official seeks to assuage growing investor concern over the country’s public finances

Politics

6 d. ago Insane moment Elon Musk 'SHOVED' Trump's treasury secretary Scott Bessent during screaming match

One of President Trump's closest insiders told DailyMail.com that Musk's turbulent time in the White House came to a head when he allegedly 'shoved' the Treasury Secretary in a violent outburst.

Politics

6 d. ago Supreme Court lets Trump revoke 'parole' status for 500,000 migrants allowing mass deportations: Live updates

U.S. Treasury Secretary Scott Bessent revealed new tariff problems.

Events

2 w. ago US threatens maximum tariffs as it takes tougher line on trade talks

Treasury secretary Scott Bessent says rates will jump to the high levels set on ‘liberation day’ if countries do not negotiate

Events

2 w. ago Treasury secretary says Walmart's warnings on price increases are a 'worst

Treasury Secretary Scott Bessent is playing down inflation risks from the Trump administration’s tariffs

Events

3 w. ago Trump – live updates: US strikes trade deal with China as tariffs slashed for 90 days

Tariffs will drop 115 percent after weeks of escalation, U.S. Treasury Secretary Scott Bessent said

Economics

3 w. ago US and China agree deal to slash tariffs for 90 days in bid to end massive trade war

US Treasury Secretary Scott Bessent says reciprocal tariffs will come down over 100 percentage points to 10%

Economics

3 w. ago Trump live: US strikes trade deal with China as tariffs slashed for 90 days

Tariffs will drop 115 percent after weeks of escalation, U.S. Treasury Secretary Scott Bessent said

Economics

3 w. ago Trade war breakthrough as US and China agree to slash tariffs by 115% for 90 days

Speaking in Geneva, US Treasury Secretary Scott Bessent said both countries would slash their reciprocal tariffs by 115 per cent for 90 days.

Events

3 w. ago White House claims China trade deal reached while Beijing hails ‘important first steps’

US announcement comes after treasury secretary touted progress in two days of talks with Chinese vice-premier in GenevaThe White House has announced that a trade deal with China has been struck after two days of talks in Geneva, while Beijing has hailed “important first steps.”The announcement on Sunday came after the US treasury secretary, Scott Bessent, told reporters that there had been “substantial progress” in talks between his team and that of the Chinese vice-premier, He Lifeng, in Geneva on defusing the trade war between the world’s two largest economies sparked by Donald Trump’s 145% tariffs. Continue reading...

Economics

last month China chides US over ‘serious negative impact’ of Trump tariffs as trade talks set to begin

China’s vice-premier He Lifeng will meet US treasury secretary Scott Bessent in Switzerland between 9 and 12 MayChina has vowed to “safeguard international fairness and justice” in upcoming talks with the United States in Switzerland, the first meeting between the two countries to discuss trade war that has roiled the global economy since US president Donald Trump unveiled sweeping tariffs last month.China’s vice-premier He Lifeng will meet US treasury secretary Scott Bessent on the sidelines of meetings in Switzerland between 9 and 12 May. US trade representative Jamieson Greer will also attend. Continue reading...

Politics