U.S. Treasury Secretary Scott Bessent is set to meet his Chinese counterpart next week, aiming to discuss a potential extension of an August 12 tariff deadline.

The Trump administration’s trade deal with China that sharply lowered the tariff rate on Chinese imports is expected to be extended past its Aug. 12 deadline, Treasury Secretary Scott Bessent ...

Powell has been under fire from President Donald Trump for months for leading the Fed in holding fast on interest rates ...

U.S. Treasury Secretary Scott Bessent said on Tuesday that he will meet his Chinese counterpart next week in Stockholm and discuss what is likely ...

Bessent also indicated the US hopes to use the meetings to press Beijing on broader economic issues, including reducing ...

Tariffs have started to take a bite out of Wall Street giants. General Motors saw its second-quarter profit skid 32% to $3 ...

Lawrence Summers backed Treasury Secretary Scott Bessent’s questioning of the Federal Reserve’s non-monetary policy activities, saying that there were some areas that are distinct from the broader ...

US Treasury Secretary Scott Bessent said Tuesday that he did not see a reason for Federal Reserve Chair Jerome Powell to ...

Treasury Secretary Scott Bessent defended the monetary independence of the Federal Reserve o after getting caught in the ...

Talks between the US and China are ramping up as the August 12 tariff deadline approaches. Yahoo Finance Washington ...

The U.S. will likely extend its Aug. 12 tariffs deadline for a final trade deal with China as the two sides continue to ...