U.S. Treasury Secretary Scott Bessent urged Asian Development Bank President Masato Kanda to take concrete steps towards ending loans to China, the Treasury said on Friday. During a bilateral meeting, ...

Trump told TIME magazine that talks were taking place and that Chinese President Xi Jinping had called him, an assertion he repeated to reporters as he was leaving the White House on Friday morning fo ...

British finance minister Rachel Reeves met U.S. Treasury Secretary Scott Bessent on Friday to discuss a trade deal, shortly ...

Trump placed tariffs totaling 145% on China, leading China to retaliate with tariffs of 125% on the U.S. — essentially ...

Shaun Rein, founder of the China Market Research Group (CMR) in Shanghai and author of five books including The Split: Finding the Opportunities in China's Economy in the New World Order (2024), wrot ...

The Dow, S&P 500 and Nasdaq Composite are making a run for the third straight day of gains as President Trump weighs taking a ...

After global panic over the president’s trade proposals, Treasury Secretary Scott Bessent is downplaying his boss’s bluster.

The United States and China are sending conflicting messages about the status of trade negotiations as both sides maintain ...

Chinese officials rebutted President Donald Trump ’s claim that the U.S. and China are actively negotiating tariffs . Trump ...

Musk and Bessent’s relationship has been tense at best. The Tesla CEO lobbied hard to land Howard Lutnick as the Treasury ...

Hegseth’s senior adviser Dan Caldwell, chief of staff to the deputy defense secretary Colin Carroll, and deputy chief of ...

During his remarks at the Institute of International Finance in Washington, D.C., Treasury Secretary Scott Bessent called out ...