The administration later walked back its initial proposal, and announced April 9 it would immediately hike tariffs on Chinese ...

U.S. Treasury Secretary Scott Bessent predicted on Tuesday that China could lose 10 million jobs quickly due to tariffs and ...

China caved on one of its major 125% tariffs against ethane imports from the U.S. on Tuesday, having initially imposed the ...

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

Scott Bessent told ABC News on Sunday that some of the countries looking to negotiate with Trump should curb their ...

Treasury Secretary Scott Bessent said China is an unreliable trade partner and should be responsible for reducing tensions.

The Treasury secretary said that the President Trump and Xi Jinping of China have a good relationship but that he was not ...

Treasury Secretay Scott Bessent described President Trump's strategy in his tariff campaign as "strategic uncertainty" during ...

Treasury Secretary Scott Bessent declined to say whether the U.S. and China are in direct communication and whether President ...

As I repeatedly said, I believe that it’s up to China to de-escalate, because they sell five times more to us than we sell to ...

Treasury Secretary Scott Bessent on Wednesday said he believes the Trump administration could strike a deal with China.

WASHINGTON (AP) — Treasury Secretary Scott Bessent leveled harsh criticism at the operations of the World Bank and the ...