Tag: Scott Bessent

The United States and China agreed on Monday, May 12, 2025, to drastically roll back tariffs on each other’s goods for an initial 90-day period. This marks a breakthrough that ...

US and China have both hailed the progress made at the end of two days of talks in Geneva aimed at de-escalating trade tensions sparked by US President, Donald Trump’s ...

US President, Donald Trump has floated cutting tariffs on China from 145% to 80% before a weekend meeting as he looks to de-escalate the trade war. This came as top ...

The US and Kyiv have signed the minerals deal; an agreement to share profits and royalties from the future sale of Ukrainian minerals and rare earths. This seals a deal that President ...

US Treasury Secretary, Scott Bessent, has said that “there is a path” to an agreement with China over tariffs after he had interactions with his Chinese counterparts last week in Washington. Explaining ...

President Donald Trump, in a Truth social post, has announced a hike in US tariffs on China. The higher tariffs on China came after Beijing announced new retaliatory tariffs on ...

Amid market volatility and international backlash, President Donald Trump has likened his sweeping tariffs to medicine. This cames as he brushed off the market turmoil caused by the tariffs. Speaking to ...

China has vowed to take countermeasures against the US after President Donald Trump announced his so-called reciprocal tariffs. Trump unveiled 54% tariffs on all Chinese imports into the United States as ...

The European Central Bank President, Christine Lagarde, has urged Europe to move towards economic independence. In an interview, Lagarde asserted that Europe is facing an “existential moment.” As such, she stated ...

The White House has announced its first round of sanctions targeting Iran’s “oil network.” This came days after US President, Donald Trump re-launched his “maximum pressure” sanctions policy against Tehran. ...