An alumnus of the first Trump White House assessed that, of Trump’s Cabinet, Bessent seems to be the “most serious person in the room.”

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](

Online shoppers in the U.S. will see a price break on their purchases valued at less than $800 and shipped from China after the Trump administration reached a truce with Beijing over sky-high tariffs.

Former Treasury Secretary Larry Summers praised Scott Bessent, who currently serves in that role under President Donald Trump’s administration, for successfully negotiating a trade deal with China. While appearing on CNN’s “The Arena” with Kasie Hunt,

The U.S. and China agreed to a 90-day pause in their trade conflict. Here's what China's tariffs on the U.S. looked like in 2024.

The move by the Trump administration to lower tariffs on goods from China to 30% from 120%, still offers limited reprieve for US small businesses, who remain cautious as tariffs are still sky high by historical levels and are also pressuring profits.

GENEVA — The United States and China have agreed to temporarily slash reciprocal tariffs in a deal that surpassed expectations as the world’s two biggest economies seek to end a damaging trade war that has stoked fears of recession and roiled financial markets.

Republican strategist Scott Jennings triggered a former Biden campaign aide when he mentioned China’s alleged assessment of former President Joe Biden. President Donald Trump announced a 90-day de-escalation of tariffs with China Monday following meetings Secretary of the Treasury Scott Bessent held with Chinese officials Saturday and Sunday,