Wall Street opened higher on Monday after the US agreed to cut tariffs on Chinese goods to 30%, with China reducing its ...

The U.S. has agreed to drop its 145% tariff rate on Chinese goods to 30%, while China has agreed to lower its rate on U.S.

U.S. negotiators said Sunday that “substantial progress” was made and “perhaps the differences weren’t so large” after two ...

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.

Deaths in the U.S. attributed to fentanyl have surged in the past decade, topping 76,000 in 2022 alone, according to the CDC.

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

U.S. Treasury Secretary Scott Bessent said the U.S. and China made “substantial progress” in talks to diffuse the trade war between the two countries after President Trump announced tariffs of 145% ...

saying in a Truth Social post that "80% Tariff seems right! Up to Scott.″ Sun Yun, director of the China program at the Stimson Center, noted it will be the first time He and Bessent have talked.

in addition to the massive 145% tariffs on China. More: Trade deals possible this week but no talks with China; Scott Bessent testimony takeaways Bessent said the administration is in negotiations ...

Scott Bessent confirmed to Congress that no negotiations with China over tariffs have occurred since Trump announced a controversial policy roughly a month ago.

Treasury Secretary Scott Bessent on Tuesday said the "onus" is on China to bring down its tariffs as he outlined how many jobs the world's second-largest economy stands to lose in a trade war.

WASHINGTON – Treasury Secretary Scott Bessent defended the Trump ... Earlier this year, Trump administration imposed tariffs totaling 145% on imports from China, prompting Beijing to slap ...