News

Bessent on tariffs: Expect duties on China to come down first then talks will proceed
CNBC's Megan Cassella reports on news regarding the US and China.
White House eases tone on tariffs on China but won’t be cutting them soon, it says
Treasury Secretary Scott Bessent said Wednesday that President Trump will not reduce tariffs on China without an agreement by ...
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 Secretary Scott Bessent as saying. Bessent answered questions from reporters ...
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 ...
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 ...
President Trump says tariffs on China will 'come down substantially'
President Trump said 145% tariffs on Chinese imports will "come down substantially" as his administration expressed optimism ...
Stock market today: Dow, S&P 500, Nasdaq rally as Trump softens stance on Powell, China tariffs
US stocks jumped after President Trump said he has "no intention" of firing Federal Reserve Chair Jerome Powell, easing fears ...
Trump Floats Lowering Chinese Tariffs—Latest Big Tariff Flip-Flop Since ‘Liberation Day’
Trump and his aides have repeatedly shifted their stance on tariffs in the weeks since the president’s “Liberation Day” ...
Bessent Chides IMF, World Bank as He Says ‘America First Does Not Mean America Alone’
Bessent spoke to the Institute of International Finance as both the International Monetary Fund and World Bank held their ...