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

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 ...

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

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

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

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.

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 ...

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Treasury Secretary Scott Bessent on Tuesday said the onus is on China to bring down its tariffs as he outlined how many jobs ...

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

US Treasury Secretary Scott Bessent said on Tuesday that “talks in Geneva with China resulted in a mechanism to avoid ...

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