News

US Treasury's Bessent to skip South Africa G20 meeting, heading to Japan
U.S. Treasury Secretary Scott Bessent will skip a Group of 20 finance officials meeting in South Africa next week, sources ...
US close to several trade deals ahead of tariff deadline this week, Trump officials say
America is close to clinching several trade deals ahead of a July 9 deadline when higher tariffs were due to kick in, ...
EconoTimes3h
U.S. Treasury Secretary Skips G20 in South Africa, Will Attend Osaka Expo Amid Trade Tensions
U.S. Treasury Secretary Scott Bessent will not attend next weeks G20 finance ministers and central bank governors meeting in ...
Treasury secretary says countries without trade deals will see tariffs 'boomerang' to April rates by Aug. 1
Steep tariff rates are set to go back into effect after a 90-day pause on the April 2 rates that rocked the stock market.
Larry Summers slams Trump's Big Beautiful Bill for its impact on the US debt and deficit
Larry Summers said the bill likely would not make the economy stronger, and flagged concerned over the amount it would add to ...
Pressure from Trump for trade deals before Wednesday deadline, but hints of more time for talks
WASHINGTON (AP) — The Trump administration is stepping up pressure on trading partners to quickly make new deals before a ...
Bessent: In General The U.S. Is A Very Large, Closed Service Economy With Few Imports, We Have All The Leverage In Trade Talks
Treasury Secretary Scott Bessent comments on trade talks with the E.U. and Japan during an interview on "FOX News Sunday." ...
Trump administration revokes terrorism designation of new Syrian leader’s group
WASHINGTON — The Trump administration is revoking the terrorism designation of a group led by Syria’s new president as part ...
Treasury Secretary Scott Bessent asks Congress to strip ‘revenge tax’ from Big Beautiful Bill
The provision would grant Trump the authority to tax foreign holdings of US investments as a way to retaliate against ...
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Bessent calls for former Treasury secretary Larry Summers to apologize for criticism of megabill
Summers criticized the legislation on Sunday in an interview with ABC News, where he compared the deaths from the recent flooding in Texas to what some estimates predict will result from the health ...