scott bessent

China and US tariffs were 'mutually assured destruction' — negotiation is a win

In the end both sides blinked, and that is a good thing.

Dow surges over 1,100 points after US, China agree to slash tariffs for 90 days in pivotal thaw of trade tensions

Treasury Secretary Scott Bessent on Monday said talks with China over the weekend in Switzerland had been “very productive,” and announced the two countries had agreed to lower tariff rates...

Stock markets spike as US and China agree to slash tariffs temporarily after trade talks

The United States and China said on Monday they have agreed on a deal to slash reciprocal tariffs as Washington and Beijing seek to end a trade war that has...

Trump says 'total reset negotiated' with China during intense 10-hour tariff talks in Geneva

President Donald Trump announced on Truth Social Saturday night that "great progress" had been made during weekend trade negotiations with China.

Trump is already playing with fire with his tariff plan— adding a tax hike could mean GOP civil war

Donald Trump was already playing with economic fire with his tariff plan, something that is all but certain to stoke some degree of inflation, and slow the economy at least...

Trump's team has high-stakes China trade talks in Switzerland as prez tries to lower 145% tariff rate

US officials met with their Chinese counterparts for the first time on Saturday to go head-to-head over President Trump's tariff war.

Trump says 80% tariffs on China 'seems right' ahead of high-level trade talks

President Trump said Friday morning that 80% tariffs on Chinese goods “seems right” as top US and China officials brace for high-level weekend talks  —   but White House press secretary Karoline Leavitt backtracked later in the...

The UK deal is a good start, but Trump needs more to declare victory

President Trump's UK deal is the beginning of something, not the end. The real challenge remains.

Trump confirms major trade deal with UK: 'Very big and exciting day'

The agreement would be the first one the Trump administration has struck with foreign nation since the president announced plans to impose sweeping tariffs on US trading partners last month. 

Scott Bessent catches Maxine Waters off guard, reminds her they partied in the Bahamas: 'Better at the Electric Slide than I was'

“This is the first time we’ve met, is that correct?” she asked, attempting to make a point about Bessent not being responsive to the numerous requests she made to his...

Trump warns China he won't lower 145% tariffs to boost trade talks

Treasury Secretary Scott Bessent said that he expects his talks in Switzerland with China's vice premier to be focused on "de-escalation" of tit-for-tat levies.

Trump trade talks with EU fail to lift off over massive fines on Big Tech: sources

Negotiations with Brussels are deadlocked because the EU is refusing to back down on the White House's demand to scrap the levies on US tech giants.

Treasury secretary reveals topic that will lead first US-China post-tariff talks as countries set for Switzerland meeting: 'Not sustainable'

“We've agreed to talk – then on Saturday and Sunday, we will agree on what we're going to talk about,” Bessent said.

Treasury sec tells tariff-bashing Wall Street bigwigs to 'never bet against America' -- despite growing fears

Bessent, 63, gave a full-throated defense of the commander-in-chief’s America First agenda, predicting that Trump’s trade, deregulation, and tax policies would unlock a “Golden Age” of economic prosperity.

Bessent reveals real reason Trump wanted to get Ukraine minerals deal done

The Treasury secretary told his team to get to work on a full agreement after a public spat Feb. 28 between President Trump, Ukrainian President Volodymyr Zelensky, and Vice President...

Tariff-critic Ken Griffin faces MAGA attack at glitzy finance shindig: 'Nationalists versus globalists'

Griffin has repeatedly irked Trump World with his consistent public criticism of the president's trade and immigration policies.

Inside the secret genius of the Ukraine mineral deal

President Trump has just struck one big, beautiful deal with Ukraine — and its impact could reach far beyond rare earth minerals.

US ready to sign mineral deal 'this afternoon' — despite Ukraine's last minute changes: 'They will reconsider'

Bessent did not reveal any specifics of the deal, but said that Washington and Kyiv came to an agreement over the weekend.

Trump trade talks marked by 'strategic uncertainty' as ex-commerce chief Wilbur Ross warns not to 'over-negotiate'

One source close to the White House described trade negotiations as "like when someone tells you they're five minutes away, everyone knows that really means 15."

US Treasury Secretary speaks to reporters from the White House: Watch Live

Treasury Secretary Scott Bessent and White House press secretary Karoline Leavitt are set to take questions from reporters at the White House at 8:30 a.m. EST to mark President Donald...