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How Bessent explained the 115-point reduction in U.S.-China tariffs that has triggered market euphoria
Officials may have bought some market patience after delegates from the Trump administration and China on Monday announced ...
Treasury's Scott Bessent Says U.S. & China Have Made ‘Substantial Progress’ In Tariff Talks
U.S. Treasury Secretary Scott Bessent said the U.S. and China made “substantial progress” in talks to diffuse the trade war between the two countries after President Trump announced tariffs of 145% ...
Bessent hopeful future US-China trade talks will lay groundwork for ‘more fulsome agreement’
Treasury Secretary Scott Bessent expressed optimism about continuing trade negotiations with Chinese officials after meeting ...
Scott Bessent Hails China Progress on Fentanyl
U.S. Treasury Secretary Scott Bessent hailed the progress made with China on tackling fentanyl at trade talks in Switzerland, saying Beijing is "now serious" about the issue.
U.S. and China Reach 90-Day Pause in Major Tariff Breakthrough
The U.S. and China have agreed to slash tariffs on each other's goods for 90 days. Both sides will lower their tariffs on the ...
US and China reach a deal to slash sky-high tariffs for now, with a 90-day pause
U.S. and Chinese officials said they had reached a deal to roll back most of their recent tariffs and call a 90-day truce in ...
US makes ‘substantial progress’ in China tariff talks, Treasury Secretary Scott Bessent says
U.S. negotiators said Sunday that “substantial progress” was made and “perhaps the differences weren’t so large” after two ...
Consumers get a 3-month reprieve as U.S. and China agree to temporarily slash tariffs
GENEVA — The United States and China have agreed to temporarily slash reciprocal tariffs in a deal that surpassed ...
Reactions to US-China tariff cuts
Stocks and the dollar surged on Monday after the United States and China said they had agreed on a 90-day pause on tariffs ...