News

Bessent believes China impasse over tariffs will de-escalate
Treasury Secretary Scott Bessent told an investor summit Tuesday that he expects the tariff war between the U.S. and China ...
Bessent says he expects 'de-escalation' in U.S.-China tariff fight in the 'very near future'
Stocks, already recovering from the prior day's sell off, soared higher on news of the remarks from Trump Treasury Secretary ...
Bessent Expects Tariff Standoff With China to De-Escalate
Supply Lines is a daily newsletter that tracks global trade. Sign up here.Most Read from BloombergTrump Gives New York ‘One ...
Bessent Tells Investors He Expects Trade Tension With China to De-Escalate
Treasury Secretary Scott Bessent on Tuesday reassured attendees of a closed-door JPMorgan investor summit that he expects the ...
Bessent sees de-escalation in US-China trade tensions, talks to be 'a slog'
U.S. Treasury Secretary Scott Bessent said on Tuesday that he believes there will be a de-escalation in U.S.-China trade ...
Asia markets set to track Wall Street gains on hopes of de-escalation in U.S.-China tensions
U.S. President Donald Trump indicated that final tariffs on Chinese exports to the U.S. “won’t be anywhere near as high as ...
Trump's Top Economic Advisor Sees 'De-Escalation' Of 'Unsustainable' China Trade War
Treasury Secretary Scott Bessent sparked optimism in financial markets Tuesday when he called the tariff-driven trade war ...
Treasury Secretary Bessent signals possible near-term ‘de-escalation' of U.S.-China tariff fight
NBC News Business and Data Correspondent Brian Cheung discusses possible tariff de-escalation between the U.S. and China and ...
Treasury Secretary Bessent Predicts Tax Cuts to Pass by July 4
Treasury Secretary Scott Bessent said on Tuesday that he thought an extension of President Trump’s 2017 tax cuts could be ...
Markets Soar As Treasury Secretary Reportedly Says Tariff Standoff With China Is Unsustainable And Set To De-Escalate
Markets are soaring after Bloomberg reported on Tuesday that Treasury Secretary Scott Bessent said the tariff standoff with ...
Wall Street rebounds as Trump admin signals ‘de-escalation’ of trade war with China: Live updates
The International Monetary Fund downgraded growth in nearly all countries amid ongoing uncertainty from the Trump ...
Stocks got a boost on hopes of de-escalation in U.S.-China tariff tensions — but that rally is fading fast
News that Treasury Secretary Scott Bessent said he expects de-escalation in the U.S.-China tariff standoff did give U.S. stocks a boost on Tuesday — just not for long. U.S. stocks wer ...