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Trump, who hailed the deal as a "total reset," seeks to revive U.S. manufacturing and close the almost $300 billion trade deficit with China—an outcome critics call unlikely given that China exports ...
China has taken aim at a new U.S. rule against use anywhere in the world of Ascend computer chips made by Huawei Technologies ...
An alumnus of the first Trump White House assessed that, of Trump’s Cabinet, Bessent seems to be the “most serious person in ...
Scott Bessent told House lawmakers that better IT and artificial intelligence will “enhance collections” at the tax agency, ...
"There is an opportunity for a big deal here," between the U.S. and China, Treasury Secretary Scott Bessent said. The U.S. needs to rebalance to more manufacturing and exports and away from ...
Thailand's 5-point trade proposal to cut its U.S. surplus earns praise from Treasury Secretary Bessent, calling it “very ...
Online shoppers in the U.S. will see a price break on their purchases valued at less than $800 and shipped from China after ...
The status quo of large U.S trade deficits cannot persist, Treasury Secretary ... for the United States, and ultimately, it is not sustainable for other economies," Bessent said.
U.S. and Chinese negotiators meeting in Switzerland over the weekend agreed to reduce tariffs for 90 days while they hold ...
The markets have rewarded the Trump administration’s walkbacks, but the president is still a true believer in trade ...
President Trump ordered the Department of Homeland Security on Friday to increase the deportation force of the United States ...
Japan and the United States have agreed to keep the thorny issue of currency rates separate from direct trade negotiations, setting aside the issues for talks between their finance ministers ...
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