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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 ...
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 He Expects China Trade Tensions Will De-Escalate
Treasury Secretary Scott Bessent said at a closed-door JPMorgan investor summit that he expects trade tensions with China to ...
Bessent says he expects 'de-escalation' in U.S.-China tariff fight in the 'very near future'
Stocks, already recovering from the prior day's sell off, soared higher on news of the remarks from Trump Treasury Secretary ...
Stock Futures Fall After Bessent Dents U.S.-China Trade Hopes
Stock futures were pointing to losses on Thursday, with investors still trying to make sense of the U.S.-China trade war ...
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 ...
Bessent believes China impasse over tariffs will de-escalate
Treasury Secretary Scott Bessent told an investor summit Tuesday that he expects the tariff war between the U.S. and China ...
Stock Futures Drop as China Denies U.S. Trade Talks
Stock futures were dropping Thursday, with investors still trying to make sense of the U.S.-China trade war after Chinese ...
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 ...