News

Scott Bessent says China must move away from export overcapacity and American overreliance: ‘Everyone knows it needs to change’
Treasury Secretary Scott Bessent, in remarks to the Institute of International Finance on Wednesday, said, “America first ...
Bessent says China tariffs are not sustainable as US signals willingness to de-escalate
U.S. Treasury Secretary Scott Bessent said on Wednesday that high tariffs between the United States and China are not ...
Bessent Says U.S. Wants to Help China Pivot Away From Exports
The U.S. wants to help China pivot away from an economic model focused on exports instead of consumption, Treasury Secretary ...
Treasury Secretary Scott Bessent says China has ‘opportunity for a big deal’ with US as trade war appears to cool
Speaking in the Oval Office after a brief swearing-in ceremony for Securities and Exchange Commission Chair Paul Atkins ...
US, China tariffs both need to fall for trade talks to start, Bessent says
U.S. Treasury Secretary Scott Bessent said on Wednesday that he believes that excessively high tariffs between the U.S. and ...
Bessent Says Trump Hasn’t Made Unilateral Offer to Cut Tariffs on China
President Trump hasn’t offered to take down U.S. tariffs on China on a unilateral basis, Bloomberg News quoted Treasury ...
Trump tariffs live updates: Bessent says there's 'no unilateral offer' to slash tariffs on China
Treasury Secretary Scott Bessent denied a Wall Street Journal report that the White House is considering unilaterally ...
Bessent: US and China tariffs need to come down before talks can start
Treasury Secretary Scott Bessent told reporters Wednesday that high duties imposed by the US and China need to come down ...
Bessent: no hay oferta unilateral de Trump para bajar aranceles a China
El secretario del Tesoro, Scott Bessent, dijo que el presidente Donald Trump no ha ofrecido reducir los aranceles ...