News

Bessent defends tariff policy as retailers weigh price hikes: "Some are and some aren't"
As the trade standoff with China continues, President Trump announced the tariff on foreign steel will double from 25% to 50% ...
Bessent: We Are De-Risking Our and the World’s Relationship With China
Treasury Secretary Scott Bessent comments on tough trade negotiations with China during an interview with CBS's Margaret ...
Treasury Secretary Scott Bessent reminds CBS anchor about wrong inflation prediction: ‘Numbers are the best in 4 years’
Treasury Secretary Scott Bessent took a victory lap Sunday over recent inflation numbers that show a key benchmark hitting a ...
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Treasury Secretary Scott Bessent says the US “is never going to default”
The US is not going to miss its debt payments. That’s what Treasury Secretary Scott Bessent said on CBS’s Face the Nation, in ...
Bessent: Laws of Economics and Gravity Apply to the Chinese Economy and System Just Like Everyone Else
Treasury Secretary Scott Bessent responded to JP Morgan CEO Jamie Dimon's assessment thaf the Chinese "are not scared" in ...
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Bessent Tells CNBC; Administration Seeks "Fair Access" for US Businesses in China
In a CNBC Squawk Box interview, Treasury Secretary Scott Bessent revealed the administration's strategy to dismantle China's complex web of non-tariff barriers that have long hindered American ...