China rebukes US over accusations of exploitative deals in Latin America; Xi Jinping seeks EU collaboration against US tariffs, countering US economic measures.

In a statement, the White House said both Bessent and Lutnick deserve praise. “The entire Trump administration is playing ...

When Treasury Scott Bessent took the podium at the American Bankers Association on Wednesday morning he was anything but ...

Scott Bessent influenced President Trump to pause sweeping tariffs amid market turmoil. Despite a temporary U-turn, ...

But Beijing’s decision to retaliate against President Trump’s punishing tariffs by raising levies on American imports to 84 percent could sting more than Mr. Bessent let on. “American ...

Business leaders have urged Labor and the Coalition to reject any demands from US President Donald Trump to join his trade war against China after US Treasury Secretary Scott Bessent foreshadowed ...

In a dramatic shift that stunned global markets, President Donald Trump on Wednesday announced a 90-day pause on most new tariffs, temporarily easing the economic pressure on dozens of countries ...

Bessent added: "As I told everyone a week ago in this very spot, 'Do not retaliate, and you will be rewarded.' So every country in the world wants to come and negotiate. We are willing to hear you." ...

But U.S. Treasury Secretary Scott Bessent told reporters Wednesday that ... despite the U.S. threatening retaliation. A global recession is coming, economists warn "We'll fight Americans with ...

US Treasury Secretary Scott Bessent on Wednesday said he thinks ... week represented a ceiling for tariffs if countries didn't retaliate, but China had not heeded that advice.

The global economy appears to be in open rebellion against US President Donald Trump ... Treasury secretary Scott Bessent has previously said it could take months to strike deals with countries ...