News

Bessent: Trade Deals Will Give Markets More Certainty
Treasury Secretary Scott Bessent described President Trump's trade policy as "strategic uncertainty" and said markets would gain clarity as the U.S. starts announcing deals. "I think the aperture of ...
Bessent Demurs on Trump’s Claim of Trade Talks With China’s Xi
The Treasury secretary said that the President Trump and Xi Jinping of China have a good relationship but that he was not ...
Trump says he won’t play ‘hardball’ with China or mention COVID — after Bessent calls tariff standoff unsustainable
Scott Bessent’s reported comments caused shares to briefly spike on Wall Street, with investors watching closely for any ...
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Trade War Turbulence: The Dollar Struggles Amid Conflicting Signals
The dollar remains volatile as uncertainty looms over the Sino-U.S. trade war de-escalation. Treasury Secretary Bessent ...
Treasury Secretary Bessent Predicts Tax Cuts to Pass by July 4
Treasury Secretary Scott Bessent said on Tuesday that he thought an extension of President Trump’s 2017 tax cuts could be ...
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Treasury Secretary Scott Bessent Says Growing Recession Fears Are ‘Media Driven’
Treasury Secretary Scott Bessent said Sunday that the American public’s growing recession fears are largely “media-driven.” ...
How Trump’s trade war is already infecting the global economy
The IMF chief warns of a “new and major test” as it cuts growth projections on the back of the Trump administration’s tariffs ...