12 h. ago U.S. touts ’substantial progress’ in tariff talks with China, but details are still scarce

GENEVA (AP) — The lead U.S. negotiator in trade talks with China cheered “a great deal of productivity” in resolving differences between the world’s two leading economic powers, after officials wrapped two days of bargaining in Switzerland following President Donald Trump imposing steep tariffs and Beijing retaliating. U.S. Treasury Secretary Scott Bessent said Sunday that […]

Economics

14 h. ago US makes ‘substantial progress’ in China tariff talks, Treasury Secretary Scott Bessent says

U.S. and China wrapped trade talks in Geneva with “substantial progress,” per Treasury Sec. Bessent, though key issues remain and China warns against coercion.

Politics

40 h. ago World watching as tariff talks begin between U.S. and Chinese officials in Geneva

Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer have begun meetings in Geneva with a Chinese delegation led by Vice Premier He Lifeng.

Economics

5 d. ago Top Trump officials to meet with Chinese counterparts amid trade war

WASHINGTON — Top U.S. officials are set to meet with a high-level Chinese delegation this weekend in Switzerland, the administration announced Tuesday, in the first major talks between the two nations since President Donald Trump sparked a trade war with stiff tariffs on imports. Treasury Secretary Scott Bessent and trade representative Jamieson Greer will meet […]

Economics

5 d. ago Top US officials will meet with Chinese delegation in Switzerland in first major talks of trade war

WASHINGTON (AP) — Top U.S. officials are set to meet with a high-level Chinese delegation this weekend in Switzerland in the first major talks between the two nations since President Donald Trump sparked a trade war with stiff tariffs on imports. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer will meet with their […]

Politics

5 d. ago U.S. trade deals could come this week after tariff talks: Trump official

U.S. Treasury Secretary Scott Bessent told Congress the administration is currently negotiating with 17 major trading partners that have made offers on trade.

Economics

1 week ago Japan’s finance minister calls US Treasury holdings ‘a card’ in tariff talks with Trump

TOKYO (AP) — Japan’s massive holdings of U.S. Treasurys can be “a card on the table” in negotiations over tariffs with the Trump administration, Finance Minister Katsunobu Kato said Friday. “It does exist as a card, but I think whether we choose to use it or not would be a separate decision,” Kato said during […]

Politics

1 week ago Trump set to give U.S. automobile industry some relief from multiple duties

The relief will facilitate reshoring American auto manufacturing, says Treasury Secretary Scott Bessent

Other

1 week ago Trump set to give automobile industry some tariff relief: White House

WASHINGTON — White House Press Secretary Karoline Leavitt said U.S. President Donald Trump is set to sign an executive order on automobile tariffs later Tuesday which is intended to provide some relief to the industry besieged by multiple duties. Leavitt did not provide details about the action but Treasury Secretary Scott Bessent said Trump is […]

Economics

1 week ago Bessent Cites Digital Services Tax as Sticking Point in EU Talks

Treasury Secretary Scott Bessent said the European Union has some “internal matters” to sort out before the bloc can enter into trade negotiations with the US, singling out a tax on digital services levied by some countries.

Economics

1 week ago Trump to give auto sector tariff relief to spur move to U.S.

Treasury Secretary Scott Bessent says Trump is committed to bringing automobile manufacturing back to the U.S. and the change will help automakers move production faster.

Economics

2 w. ago Bessent Says US Backs IMF and World Bank, While Calling for Reforms

Treasury Secretary Scott Bessent called for a course correction for the International Monetary Fund and World Bank, while saying they serve “critical roles” and the Trump administration is willing to work with them.

Society

2 w. ago Bessent assails IMF and World Bank and says there’s an ‘opportunity for a big deal’ with China

WASHINGTON (AP) — Treasury Secretary Scott Bessent leveled harsh criticism at the operations of the World Bank and the International Monetary Fund on Wednesday even as he tried to reassure nervous investors that the United States would maintain its global leadership role. “America first does not mean America alone,” he said in a speech to […]

Other

3 w. ago India Finance Chief to Meet Bessent This Week Amid Trade Talks

India’s Finance Minister Nirmala Sitharaman will meet US Treasury Secretary Scott Bessent in Washington this week, as the two nations inch closer to sealing a trade pact later this year.

Economics