Scott Bessent News - Latest Updates & Headlines
Bessent says US will negotiate with South Korea over trade next week, stresses 'first mover advantage'
Washington, April 15: The United States will engage in trade negotiations with South Korea next week, Treasury Secretary Scott Bessent said, stressing the "first mover advantage," as countries are striving to strike deals with the US to minimise the impact of President Donald Trump's tariff policy on their economies.
It's about bad actors: US Treasury Secy on tariffs hike on China, says India 'front' in trade negotiations
Washington DC, April 10: US Secretary of the Treasury Scott Bessent on Wednesday (local time) addressed the immediate increase in tariffs of 125 per cent on China, stating that the issue is not just about the country but also about "bad actors" in global trade during a press briefing at the White House.
US Treasury Secretary refutes reports of plans to sign minerals deal with Ukraine
Washington, March 5: US Treasury Secretary Scott Bessent has told a media outlet that there are no plans to sign a mineral resources deal with Ukraine following President Donald Trump's speech to Congress.
Trump's cabinet likely to take a Hawkish stance, key actions expected next week: Report
New Delhi, January 21: The cabinet members of the Trump 2.0 administration are expected to take a hawkish approach on various fronts, says a report by Union Bank of India.
US Treasury Secretary-designate criticises China's economic practices, proposes sanctions on Iran
Washington DC, January 17: The US Treasury Secretary-designate Scott Bessent on Thursday emphasised the need to balance free trade with fair trade, noting that the current global trade dynamics have heavily impacted American workers.