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China Tariff Deal ‘Likely’ Will Be Extended, Bessent Says—But Others Will Still Take Effect Aug. 1
The Trump administration’s trade deal with China that sharply lowered the tariff rate on Chinese imports is expected to be ...
Bessent expressed his support for Powell amid ongoing criticism from Trump administration officials, stating that he sees no ...
30m
Free Malaysia Today on MSNBessent says US, China to discuss tariff deadline extension
In talks so far, China has agreed to end its export ban on rare earth metals and magnets to the US, while the US agreed to ...
Powell has been under fire from President Donald Trump for months for leading the Fed in holding fast on interest rates ...
US Treasury Secretary Scott Bessent said Tuesday that he did not see a reason for Federal Reserve Chair Jerome Powell to ...
Bessent also indicated the US hopes to use the meetings to press Beijing on broader economic issues, including reducing ...
Bloomberg News Now is a comprehensive audio report of today's top stories. Hear the latest news, updated throughout the day, covering global business stories in just a few minutes.
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 ...
Dollar weakens below key support as traders weigh Fed policy risks and tariff uncertainty ahead of the August 1 deadline and ...
The dollar slid on Tuesday, with the yen one of the major gainers versus the greenback, as investors tracked talks ahead of an August 1 deadline that could bring steep tariffs on products of U.S.
Tariffs have started to take a bite out of Wall Street giants. General Motors saw its second-quarter profit skid 32% to $3 ...
Social Security payments usually begin on the second Wednesday of every month, and the following waves go out on a weekly ...
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