News

Bessent defends tariff policy as retailers weigh price hikes: "Some are and some aren't"
As the trade standoff with China continues, President Trump announced the tariff on foreign steel will double from 25% to 50% ...
Treasury Secretary Scott Bessent reminds CBS anchor about wrong inflation prediction: ‘Numbers are the best in 4 years’
Treasury Secretary Scott Bessent took a victory lap Sunday over recent inflation numbers that show a key benchmark hitting a ...
Trump and China's Xi Jinping to speak soon, iron out trade fight, White House officials say
President Donald Trump and Chinese President Xi Jinping will speak soon to iron out trade issues including a dispute over ...
Axios on MSN4d
Treasury Secretary Scott Bessent says U.S.-China trade talks are "a bit stalled"
Treasury Secretary Scott Bessent said Thursday President Trump and Chinese leader Xi Jinping may need to hold a phone call to ...
Bessent: Laws of Economics and Gravity Apply to the Chinese Economy and System Just Like Everyone Else
Treasury Secretary Scott Bessent responded to JP Morgan CEO Jamie Dimon's assessment thaf the Chinese "are not scared" in ...
Money Talks News on MSN5d
Bessent Tells CNBC; Administration Seeks "Fair Access" for US Businesses in China
In a CNBC Squawk Box interview, Treasury Secretary Scott Bessent revealed the administration's strategy to dismantle China's complex web of non-tariff barriers that have long hindered American ...
Treasury Secretary Bessent says US will never default on its debt
Scott Bessent said the US “is never going to default” as the deadline for increasing the federal debt ceiling gets closer.