Exports from US companies operating in China are counted as part of China's surplus and China's high-quality, competitively priced exports enhance the purchasing power of American consumers and create numerous jobs in transportation, wholesale, retail, and e-commerce sectors of the US, she added.
Bessent told Fox & Friends that the commander-in-chief’s top priority is living the living standards of ordinary Americans
President Donald Trump is confident that China’s President Xi Jinping won’t make a move on Taiwan when he is in the White House, Treasury Secretary Scott Bessent said on CNBC.
Treasury Secretary Scott Bessent said President Donald Trump's tariffs are unlikely to raise inflation, in part because China will "eat any tariffs that go on." Trump's proposed tariffs are expected to take effect on Tuesday. Bessent said Mexico has ...
U.S. Treasury Secretary Scott Bessent told Fox Business host Larry Kudlow Thursday that world leaders emulating “a numbskull” like Canadian
U.S. Treasury Secretary Scott Bessent said on Friday that Mexico has proposed matching U.S. tariffs on China in a move that he described as "very interesting" and one that Canada should match.
US Treasury Secretary Bessent called for halting government Bitcoin sales. He insisted that BTC within the U.S. be transferred to treasury-managed vaults. The secretary’s call aligned with Trump’s executive order to create a U.
Still, his Treasury Secretary Scott Bessent doesn’t appear worried ... the president intends to double the tariffs he imposed on China and reciprocal tariffs are expected in April.
Treasury Secretary Scott Bessent warned that the US economy may see some disruption as the Trump administration shifts the basis for growth away from the government and toward the private sector.