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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.
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WATCH: Treasury Secretary Bessent testifies on the White House’s 2026 budget request
Treasury Secretary Scott Bessent testified on Capitol Hill Tuesday for the first time since his confirmation in January.
Bessent on whether new tariff rates will continue past 90 days
Treasury Secretary Scott Bessent said as long as "good faith" negotiations are continuing that the new tariff rates will continue past 90 days. U.S. Trade Representative Jamieson Greer points out the ...
Bessent Says More U.S.-China Trade Meetings Likely in ‘Next Few Weeks’
Treasury Secretary Scott Bessent said the U.S. and China could start work soon on a fuller trade agreement, after the countries struck a [temporary deal]( ...
The U.S. doesn’t want ‘generalized decoupling’ from China, but a strategic break instead, Treasury secretary says
The world's two largest economies shouldn't totally cut themselves off from each other, but the U.S. still needs ...
Treasury Secretary Bessent tells investors Trump's policies will deliver 'golden age economy'
Treasury Secretary Bessent spoke at the Milken Institute Global Conference and said the Trump administration's policies, ...
Treasury Secretary Scott Bessent says bond yields are signaling it's time for the Fed to cut rates
The Treasury Secretary pointed to two-year Treasury yields as a signal that the market is ready for interest rate cuts from ...