Former Treasury Secretary Larry Summers praised Scott Bessent, who currently serves in that role under President Donald Trump ...

The White House backed off from the steepest levies, as the costs of an all-out trade war with China threatened global ...

US and China agree on a 90-day tariff pause after high-stakes Geneva trade talks. Starting May 14, the US will cut tariffs on ...

Both nations pledged to cut their broad, ballooning tariffs after weekend talks. US tariffs dropped to 30% from 145%, while ...

U.S. Treasury Secretary Scott Bessent hailed the progress made with China on tackling fentanyl at trade talks in Switzerland, saying Beijing is "now serious" about the issue.

The talks in Switzerland resulted in significant cuts to the tit-for-tat tariffs that had been stacked up since January on ...

U.S. and Chinese officials said they had reached a deal to roll back most of their recent tariffs and call a 90-day truce in ...

WASHINGTON: Global stock markets surged on Monday (May 12) after the US and China agreed to slash steep tariffs for at least ...

Speaking after talks with Chinese officials in Geneva, U.S. Treasury Secretary Scott Bessent told reporters the two sides had ...

The U.S. and China agreed to a 90-day pause in their trade conflict. Here's what China's tariffs on the U.S. looked like in ...

Beijing and Washington agreed to remove most tariffs imposed since April’s ‘Liberation Day’ package following two days of negotiations.

The world’s two biggest economies agreed to a temporary rollback of most of their recent levies after negotiating in ...