Keywords: Scott Bessent


Us and China agree to reduce tariffs, signaling trade war pause

The United States and China have reached a historic agreement to significantly reduce tariffs on each other’s goods for a period of 90 days, marking a pivotal moment in their ongoing trade relations. This accord, announced by US Treasury Secretary Scott Bessent, emerged from negotiations held over......

US and China reach deal to reduce tariffs by 115% to resolve trade dispute

On Monday, the United States and China announced a breakthrough agreement aimed at easing tensions from their prolonged trade war, which has affected the global economy and financial markets. Following discussions with Chinese representatives in Geneva, US Treasury Secretary Scott Bessent revealed that......

Trump applauds 'total reset' in US-China trade talks

US President Donald Trump celebrated a "total reset" in US-China trade relations, ahead of the second day of talks between US and Chinese officials aimed at easing tensions caused by the US's aggressive tariff policy. In a Sunday Truth Social post, Trump praised the "very good"......

US and China set for trade talks in Switzerland amid escalating tariff dispute

The United States and China are scheduled to meet in Switzerland this week to begin formal trade discussions, marking the first official talks between the two countries since the onset of a new wave of tariffs. The talks come at a time of heightened economic tension following US President Donald Trump's......

U.S. urges Spain to increase defense spending within NATO during Carlos Cuerpo’s visit

During a meeting with Spain's Economy Minister Carlos Cuerpo, U.S. Treasury Secretary Scott Bessent emphasized the need for Spain to boost its defense spending within the context of NATO. Bessent highlighted the importance of higher defense expenditure from Spain and other NATO members. Additionally,......

Spain's strategic diplomacy amid US tariff tensions

In the wake of the US imposing tariffs on the European Union, Spain's Minister of Economy, Commerce, and Business, Carlos Cuerpo, is heading to Washington for crucial meetings. Cuerpo will discuss the potential impacts of the 20% tariff threat with US Treasury Secretary Scott Bessent and other key......

Over 50 nations request US trade talks after tariffs

More than 50 countries have reached out to the White House seeking to open trade negotiations following President Donald Trump’s sweeping tariffs, according to senior administration officials. The newly imposed tariffs, which wiped nearly $6 trillion off US stock markets last week and shook global......

Trump Announces Scott Bessent as Treasury Secretary Amid Cabinet Shakeup

U.S. President-elect Donald Trump has selected billionaire investor and hedge fund manager Scott Bessent to serve as Treasury Secretary, marking a critical appointment in shaping his economic agenda. The announcement comes during a wave of high-profile cabinet nominations following a withdrawal by Trump’s......