Treasury Secretary Scott Bessent tells Meet the Press that, after his negotiations with Chinese officials, both countries concluded that tariffs rates were “unsustainable” and will continue trade talks.

Treasury Secretary Scott Bessent stated that the Trump administration’s tariff overhaul has positioned the U.S. for better trade deals with foreign countries, while downplaying Moody’s

Columnists have labelled Trump’s bill as the second coming of Reagonomics, promising to slash taxes for the wealthy while leaving the rest of the U.S. population to scramble for the trickle-down, a wealth distribution theory that economists, think tanks, and newspapers have concluded doesn’t “ hold up .”

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](

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,

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.

President Donald Trump has long insisted that the on-again, off-again tariffs he’s imposed will be fully paid by other countries at no cost to Americans. But both Treasury Secretary Scott Bessent and Trump himself undercut that case over the weekend.