News

Global Economic Officials Gather Amid Headwinds From Trump’s Trade War
Treasury Secretary Scott Bessent will meet his international counterparts at a G7 finance ministers meeting in Canada.
Bessent: Countries bringing ‘good proposals’ with ‘a few exceptions’
Treasury Secretary Scott Bessent stated that the Trump administration’s tariff overhaul has positioned the U.S. for better ...
Here’s a look at the sectors getting a boost from the truce in the US-China trade war
Shares of many companies that source at least some of their goods from China are surging on Monday as U.S. and Chinese ...
The Daily Beast3d
Bessent Cornered Into Admitting Impact of Trump Tariff War
Scott Bessent got himself into a tangle by admitting businesses are feeling the impacts of Donald Trump’s trade war. “Walmart is, in fact, going to, as you describe it, eat some of the tariffs ...
Bessent Is Upbeat on China Trade Talks Thanks to 2020 Framework
US Treasury Secretary Scott Bessent said the trade deal from Donald Trump’s first tariff war with China gives the world’s two ...
KSL10d
Bessent hails 'substantial progress' in trade talks with China
Treasury Secretary Scott Bessent on Capitol Hill in Washington, D.C., May 7. Bessent said on Sunday that there had been ...
Investors think China is winning Trump’s trade war as stocks rally globally
The China deal, like the U.K. deal, still leaves the U.S. with much higher barriers to trade than it had before.
European Markets Exhale as China, US Climb Down from Trade War
European markets breathed a sigh of relief after the on-again, off-again global trade war inspired by President Donald Trump ...
Scott Bessent says Walmart will absorb some tariff costs – but shoppers may still pay more
Treasury Secretary Scott Bessent said retail giant Walmart "will be absorbing" the impact of President Donald Trump's ...