Secretary Treasury Scott Bessent said both the U.S. and China don’t want the trade war to escalate. However, he said it’s ...

US and China tariff tensions continue to dominate the focus, with signs of deescalation mounting even as President Trump sent ...

Treasury Secretary Scott Bessent said “all aspects” of the US government are in contact with China but that it’s up to ...

Treasury Secretary Scott Bessent on Monday signaled that a de-escalation of the trade war over President Trump’s harsh tariff ...

The hopes that have driven the recent rally on markets seem to be evaporating. But shareholders are putting too much stock in ...

Bessent moved markets last week when he said in a private speech to JPMorgan Chase that he expects a deescalation in the trade war because “Neither side thinks the status quo is sustainable.” ...

US Treasury Secretary Scott Bessent on Monday said many top trading partners of the United States had made ‘very good’ ...

Trump's erratic, and often confusing, rollout of tariffs has led to unprecedented market volatility and serious damage to ...

Treasury Secretary Scott Bessent reportedly said on Monday that China has the responsibility to de-escalate the ongoing ...

US President Donald Trump has signalled a potential U-turn on his trade war with China. During a Tuesday press conference at ...

Treasury Secretary Scott Bessent (left) shakes hands with House Majority Leader Steve Scalise at the tariff announcement Wednesday. (Jim LoScalzo- Pool via CNP/Zuma Press) Treasury Secretary Scott ...

Treasury Secretary Scott Bessent said China is an unreliable trade partner and should be responsible for reducing tensions. "I believe it's up to China to de-escalate, because they sell five times ...