News

Dow soars 1,000 points after Trump team and China dramatically lower tariffs
US stocks surged on Monday after President Donald Trump’s top trade officials brokered a surprisingly dramatic de-escalation ...
Scott Bessent Hails China Progress on Fentanyl
U.S. Treasury Secretary Scott Bessent hailed the progress made with China on tackling fentanyl at trade talks in Switzerland, ...
Donald Trump Tariff Live Updates: 'Bullying & tyranny will only isolate oneself,' says Xi Jinping after US-China reach trade deal
After months of tension, the United States and China have taken a step toward easing their strained trade relationship, ...
Bessent hopeful future US-China trade talks will lay groundwork for ‘more fulsome agreement’
Treasury Secretary Scott Bessent expressed optimism about continuing trade negotiations with Chinese officials after meeting ...
Young Kim To Bessent: How Will You Ensure Tariffs Won’t Affect Small Businesses, Workers Long-Term?
During a House Financial Services Committee hearing on Wednesday, Rep. Young Kim (R-CA) questioned Treasury Sec. Scott ...
U.S. and China agree to slash tariffs for 90 days as trade talks continue
The world’s two biggest economies agreed to a temporary rollback of most of their recent levies after negotiating in ...
U.S.-China tariffs deal jolts stock markets and boosts economic outlook
The U.S.-China tariff deal sent the tech-heavy Nasdaq soaring, entering a bull market, and economists are optimistic that the ...
Treasury's Scott Bessent Says U.S. & China Have Made ‘Substantial Progress’ In Tariff Talks
U.S. Treasury Secretary Scott Bessent said the U.S. and China made “substantial progress” in talks to diffuse the trade war between the two countries after President Trump announced tariffs of 145% ...
Bessent says China ‘ignored their obligations’ on trade under Biden
Treasury Secretary Scott Bessent said the Chinese Communist Party did not follow through on its previous trade deal with the United States because the Biden administration failed to enforce it.