But right now the key point is this: in Bessent, there is a dragon tamer, of sorts, in the White House, clinging on to the beast’s tail. Let us hope that Musk does not push him out. If he does, ...

Trump told TIME magazine that talks were taking place and that Chinese President Xi Jinping had called him, an assertion he repeated to reporters as he was leaving the White House on Friday morning fo ...

U.S. Treasury Secretary Scott Bessent urged Asian Development Bank President Masato Kanda to take concrete steps towards ending loans to China, the Treasury said on Friday. During a bilateral meeting, ...

British finance minister Rachel Reeves met U.S. Treasury Secretary Scott Bessent on Friday to discuss a trade deal, shortly ...

“Fox News Sunday” — Sen. John Kennedy, R-La.; Rep. Adam Smith, D-Wash.

WASHINGTON (Reuters) -British finance minister Rachel Reeves said on Friday that she had met U.S. Treasury Secretary Scott ...

Sen. Elizabeth Warren (D., Mass) asked Treasury Secretary Scott Bessent to disclose details of a closed-door investor meeting ...

The European Union's economy commissioner Valdis Dombrovskis said on Friday he had held a 'cordial and candid' meeting with ...

In his remarks, Gundlach calmly explained why the financial markets are currently bouncing around unpredictably. He and Bianco navigated the minefield of tariff-induced inflation and Europe's ...

Trump placed tariffs totaling 145% on China, leading China to retaliate with tariffs of 125% on the U.S. — essentially ...

Shaun Rein, founder of the China Market Research Group (CMR) in Shanghai and author of five books including The Split: Finding the Opportunities in China's Economy in the New World Order (2024), wrot ...

China standoff over high tariff levels that amount to a mutual trade embargo between the world’s two largest economies.