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Scott Bessent says China must move away from export overcapacity and American overreliance: ‘Everyone knows it needs to change’
Treasury Secretary Scott Bessent, in remarks to the Institute of International Finance on Wednesday, said, “America first ...
Bessent Says He Expects China Trade Tensions Will De-Escalate
Treasury Secretary Scott Bessent said at a closed-door JPMorgan investor summit that he expects trade tensions with China to ...
Bessent tells investors Trump tax cuts could be passed by July 4
Treasury Secretary Scott Bessent said Tuesday that President Trump’s tax cut extension could be approved by July 4. His ...
Scott Bessent says the World Bank and IMF need a total overhaul: ‘Mission creep has knocked these institutions off course’
Scott Bessent called for sweeping change at the World Bank and International Monetary Fund, claiming they needed to reconnect ...
US, China tariffs both need to fall for trade talks to start, Bessent says
U.S. Treasury Secretary Scott Bessent said on Wednesday that he believes that excessively high tariffs between the U.S. and ...
Trump tariffs live updates: Bessent says there's 'no unilateral offer' to slash tariffs on China
Treasury Secretary Scott Bessent denied a Wall Street Journal report that the White House is considering unilaterally ...
Bessent says international financial institutions aren’t doing their job
Treasury Secretary Scott Bessent called on the World Bank and the International Monetary Fund to return to their original ...