News

U.S. Textile Industry Rejects Bessent’s Suggestion Boom Times Are Over
A textile trade association that has backed President Trump’s trade strategy took issue with Treasury Secretary Scott Bessent ...
The numbers headache for Canberra and Washington
Jim Chalmers and US counterpart Scott Bessent have a few things in common – the threat of tariffs, the risk of recession and ...
Bessent says India will be first to make deal avoiding Trump tariffs — while China is ‘put to the side’
The Treasury secretary told reporters Wednesday that the US would not unilaterally reduce duties of up to 145% on imports ...
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 ...
WATCH LIVE: Karoline Leavitt and Scott Bessent hold press briefing on Trump’s 100th day
White House press secretary Karoline Leavitt and Treasury Secretary Scott Bessent are holding a press briefing on the economy at 8:30 a.m. Tuesday marks Trump’s 100th day in office.
Bessent says he doesn’t know if Trump, Xi have talked on trade
Treasury Secretary Scott Bessent said on Sunday he doesn’t know whether President Trump and Chinese President Xi Jinping have ...
Bessent Sets July 4 Goal for Passage of Trump's Tax Bill
US Treasury Secretary Scott Bessent set a July 4 goal to pass President Donald Trump's multi-trillion dollar tax cut package.
Treasury chief Scott Bessent says U.S. has an "an opportunity for a big deal" with China
Treasury Secretary Scott Bessent on Wednesday said he believes the Trump administration could strike a deal with China.
Bessent says IMF and World Bank need reform and there’s an ‘opportunity for a big deal’ with China
Treasury Secretary Scott Bessent has played a balancing act trying to reassure nervous investors that the U.S. would maintain ...
Scott Bessent offers a gentler message, saying ‘America First’ does not mean ‘America alone’
U.S. Treasury Secretary Scott Bessent spoke Wednesday at an Institute of International Finance event in Washington, D.C.