Seeing India as a possible ally against China on the issue of rare earths, US treasury secretary Scott Bessent has slammed Beijing, accusing Xi Jinping’s regime of trying to harm with new export controls on minerals used to make magnets crucial to auto, electronic and defence industries. Scott Bessent, US treasury secretary, has been aggressive…
US Treasury Secretary Scott Bessent will meet with Chinese Vice Premier He Lifeng in Madrid to discuss trade, economic and national security issues in another sign that talks between the two sides are heating up. The discussions next week will also cover TikTok’s status and efforts to combat money laundering, according to a schedule released…
US Treasury Secretary Scott Bessent on Tuesday warned that Washington is willing to take firm action on Russia over its war on Ukraine. The Donald Trump aide’s comments come after talks with the EU sanctions envoy Monday. Over Monday and Tuesday, US officials and their European Union are holding meetings to step up the sanctions…
WASHINGTON: US Treasury Secretary Scott Bessent on Tuesday accused India of “profiteering” by purchasing Russian energy cheaply and reselling refined energy products in global markets while defending Washington’s decision not to punish China for similar trade with Russia. FILE PHOTO: U.S. Treasury Secretary Scott Bessent speaks to reporters at the U.S. Capitol (REUTERS) Bessent said…
US President Donald Trump said on Wednesday that talks with China on a tariff deal were “moving along well” and that the countries would reach a “fair” deal on trade, without offering additional details of the agreement. “We’re moving along with China. We’re doing fine with China,” Trump told reporters before leaving a bill-signing ceremony…
US Treasury Secretary Scott Bessent on Sunday threw some shade at Elon Musk after the tech billionaire announced he had created a political party, suggesting the Tesla and SpaceX boss focus on business and not politics. On Saturday, the South African-born Musk – an ally-turned-critic of US President Donald Trump – said he was founding…
Asian and European markets mostly rose Thursday ahead of weekend tariff talks between China and the United States, with London boosted by reports that a “major trade deal” flagged by Donald Trump was with Britain.After the fireworks sparked by the US president’s “Liberation Day” on April 2, markets have enjoyed a period of calm in…
US Treasury Secretary Scott Bessent pushed Friday for Canada and Mexico to match Washington’s tariff hikes on China when asked in an interview if doing so could help them avert President Donald Trump’s fresh levies. US Treasury chief pushes Canada, Mexico to match tariffs on China A month-long pause on US tariffs of up to…