3 h. ago Treasury Secretary Scott Bessent says Trump's 100% tariff threat on China is 'effectively off the table'

Treasury Secretary Scott Bessent says Trump's 100% tariff threat on China is 'effectively off the table'  businessinsider.com

Politics

6 h. ago Treasury Secretary Scott Bessent says additional 100% tariffs on China are "effectively off the table"

Treasury Secretary Scott Bessent says additional 100% tariffs on China are "effectively off the table"  CBS News

Politics

8 h. ago Treasury Secretary Scott Bessent says U.S., China reach ‘substantial’ trade framework before summit

Treasury Secretary Scott Bessent says U.S., China reach ‘substantial’ trade framework before summit  Washington Times

Politics

9 h. ago US, China reach ‘framework’ of trade deal to avoid 100 percent tariffs, Bessent says

US, China reach ‘framework’ of trade deal to avoid 100 percent tariffs, Bessent says  The Hill

Economics

10 h. ago US, China reach deal to allow TikTok sale, Bessent says — with Trump and Xi set to ‘consummate’ agreement

US, China reach deal to allow TikTok sale, Bessent says — with Trump and Xi set to ‘consummate’ agreement  New York Post

Politics

10 h. ago 'Framework' in place for substantial trade deal with China, Scott Bessent says

'Framework' in place for substantial trade deal with China, Scott Bessent says  Politico

Economics

12 h. ago U.S. and China could reach trade deal to avoid 100% tariffs, says Scott Bessent

U.S. and China could reach trade deal to avoid 100% tariffs, says Scott Bessent  NBC News

Economics

12 h. ago Bessent says US, China reach framework deal on rare earths, Trump's tariff threat

Bessent says US, China reach framework deal on rare earths, Trump's tariff threat -NBC interview  Reuters

Economics

13 h. ago China, US agree to preliminary deal in Malaysia ahead of possible Xi

China and the United States agreed on Sunday to a preliminary framework deal after two days of talks in Kuala Lumpur, signalling a de-escalation of tensions in the lead-up to a potential meeting between the presidents of the world’s two largest economies. The talks in the Malaysian capital, led by Vice-Premier He Lifeng and US Secretary of the Treasury Scott Bessent, came on the heels of a fresh surge of tensions in the volatile bilateral relationship and ahead of the November 10 expiration of a...

Politics

43 h. ago China, US trade talks start in Kuala Lumpur ahead of possible Xi

Chinese Vice-Premier He Lifeng and US Treasury Secretary Scott Bessent have started a new round of trade talks in Kuala Lumpur, paving the way for a possible meeting between the presidents of the world’s two largest economies. The two sides are expected to discuss issues crucial to China-US economic and trade relations, China’s Ministry of Commerce confirmed on Thursday. The meeting in the Malaysian capital marks the fifth face-to-face meeting between He and Bessent since US President Donald...

Politics

49 h. ago US sanctions Colombia president over drugs, amid escalating row with Trump

The United States on Friday announced sanctions on Colombia’s President Gustavo Petro, who Washington has accused of failing to curb illicit drug trafficking, alongside his wife and eldest son. “President Petro has allowed drug cartels to flourish and refused to stop this activity,” said US Treasury Secretary Scott Bessent in a statement unveiling the move. “President [Donald] Trump is taking strong action to protect our nation and make clear that we will not tolerate the trafficking of drugs...

Politics

4 d. ago US, China trade officials to meet in Malaysia amid escalating rare earths dispute

US Trade Representative Jamieson Greer said on Wednesday that he and Treasury Secretary Scott Bessent would travel to Malaysia later that day as scheduled to meet with Chinese officials over what he called Beijing’s “incredibly aggressive” measures to curb rare earth exports. The meeting is seen as a stepping stone to a sit-down in South Korea next week on the sidelines of the Asia-Pacific Economic Cooperation forum between US President Donald Trump and Chinese President Xi Jinping at a time of...

Politics

5 d. ago Can Trump’s pragmatism override China hawks to keep ties from rupture?

China’s rocky trade relationship with the United States was on full display this month as US President Donald Trump threatened to impose additional tariffs on Chinese imports. Separately, US Treasury Secretary Scott Bessent denounced China’s move to expand curbs on rare earth exports, calling it “a sign of how weak their economy is”. He also described Li Chenggang, one of China’s trade negotiators, as “pretty unhinged and very aggressive”. Trade ties between the rival powers remain fraught, even...

Politics

5 d. ago Can Scott Bessent see China’s trade counterstrike with clear eyes?

After a video call last Saturday, US Treasury Secretary Scott Bessent and Chinese Vice-Premier He Lifeng are expected to meet in Malaysia this week to hopefully ease tensions before US President Donald Trump and President Xi Jinping potentially meet on the sidelines of this year’s Apec summit. The meeting was in doubt when Trump threatened to impose an additional 100 per cent tariff on China, despite later relenting that it might not be sustainable. Washington blamed Beijing for the escalation,...

Events

6 d. ago China fires top trade negotiator after Treasury Secretary Scott Bessent calls him ‘unhinged’

China fires top trade negotiator after Treasury Secretary Scott Bessent calls him ‘unhinged’  New York Post

Events

8 d. ago Top US and China envoys set trade talks after ‘constructive’ phone call

Chinese Vice-Premier He Lifeng and US Treasury Secretary Scott Bessent held a phone call on Saturday morning and stated that trade negotiators from their countries would meet next week. “This evening, Vice-Premier He Lifeng and I engaged in frank and detailed discussions regarding trade between the United States and China,” Bessent wrote on social media on Friday evening in Washington. “We will meet in person next week to continue our discussions.” In a separate read-out, China described He’s...

Politics

8 d. ago Top US and China envoys set trade talks after ‘constructive’ video call

Chinese Vice-Premier He Lifeng and US Treasury Secretary Scott Bessent held a video call on Saturday morning and stated that trade negotiators from their countries would meet next week. “This evening, Vice-Premier He Lifeng and I engaged in frank and detailed discussions regarding trade between the United States and China,” Bessent wrote on social media on Friday evening in Washington. “We will meet in person next week to continue our discussions.” In a separate read-out, China described He’s...

Politics

8 d. ago Top US and China trade envoys set for talks after ‘constructive’ video call

China and the United States are set to hold fresh trade talks next week, following a video call between Chinese Vice-Premier He Lifeng and US Treasury Secretary Scott Bessent on Saturday morning Beijing time. “Vice-Premier He Lifeng and I engaged in frank and detailed discussions regarding trade between the United States and China,” Bessent wrote on social media after their call. “We will meet in person next week to continue our discussions.” In its readout, China described He’s discussions with...

Politics

9 d. ago US threats to decouple from China only expose its own vulnerability

Talk about the pot calling the kettle black. After Beijing announced sweeping export controls last week on rare earths and other critical minerals, US Treasury Secretary Scott Bessent went ballistic. “Maybe there is some Leninist business model where hurting your customers is a good idea, but they are the largest supplier to the world,” he said. Someone from Beijing might have retorted that Washington has been running on some fascist business model whereby it is upending the entire global trade...

Events

1 week ago The squeeze is on: Beijing and Washington flex muscles as narrative war heats up

As China and the United States accuse each other of provoking the latest escalation in trade tensions and disrupting the world economy, analysts say both share a goal in their war of words: applying maximum pressure until a deal is struck. In the past few days, Washington has framed the recent flare-up in relations as “China versus the world”, with US Treasury Secretary Scott Bessent suggesting on Wednesday that Beijing’s restrictions on the export of rare earth elements unveiled last week made...

Events