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The Latest Breaking News from Scott Bessent

TikTok's Fate Sealed? Washington and Beijing Agree 'Framework' for US Takeover of Viral App

Washington and Beijing have reportedly agreed a framework for the US takeover of TikTok, with final confirmation expected this week as both governments seek to resolve national security concerns.

International Business Times UK

U.S. And China Strike Tentative Deal On TikTok As Ban Deadline Looms

The announcement came on the second day of high-level negotiations led by Bessent and Chinese Vice Premier He Lifeng, aimed at easing wider trade tensions. The talks also cover disputes over tariffs, technology transfers and rare earth supply chains.

International Business Times

FTSE 100 red ahead of expected US rate cut

The index closed down 6.26 points, 0.1%, at 9,277.03.

The Independent UK

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Yes, the Trump administration is now friends with TikTok and is finalizing a buyout

TikTok may finally be safe, but at what cost?

We Got This Covered

US says TikTok deal reached with China. Here’s all we know and who the buyer could be

What do we know about a possible deal reached between the US and China regarding TikTok?

Euronews

Can the EU and NATO impose tariffs on India and China, as Trump wants?

In an effort to end Russia’s war in Ukraine, the US president proposes tariffs targeting Putin’s major trading partners.

Al Jazeera

Trump Hints TikTok Deal Is Locked In—Youth 'Will Be Very Happy'

President Donald Trump hinted on Truth Social Monday that a long-awaited deal involving TikTok may finally be complete.

Benzinga

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The US says a deal has been reached on TikTok, but details are sparse

A framework deal has been reached for the ownership of popular social video platform TikTok, U.S. Treasury Secretary Scott Bessent said after weekend trade talks between the U.S. and China in Spain

The Independent UK

US and China reach deal to transfer TikTok ownership, trade officials say

Framework deal is breakthrough in long-running dispute over app’s ownership amid security concerns in Washington

The Guardian - US

US 'Very Close' To TikTok Deal With China: US Treasury Chief

The United States is "very close" to a deal with China to settle their dispute over TikTok, US Treasury Secretary Scott Bessent said Monday as the two sides resumed trade talks in Madrid.

International Business Times

US, China talk trade amid threats over Russian oil, TikTok ban

US and Chinese officials to meet for second day in Spain as Trump threatens to target China’s oil purchases.

Al Jazeera

Democrats Push Trump To Include A Cap On China's Overproduction In Bilateral Trade Deal: Report

U.S. Democrats have reportedly called on the Trump administration to address China’s “structural overproduction” as part of any future bilateral trade agreement.

Benzinga

Trump signals he may extend TikTok deadline again as US-China talks resume in Spain

Future of video app hangs in balance while Beijing and Washington remain locked in trade disputes

The Independent UK

China launches probes targeting US semiconductors ahead of Madrid trade talks

China has launched two probes targeting the U.S. semiconductor sector ahead of trade talks in Spain

The Independent UK

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Benzinga

Scott Bessent Meets BlackRock's Rick Rieder As Trump Eyes Fed Chair Replacement For Jerome Powell: Report

U.S. Treasury Secretary Scott Bessent continues vetting candidates as Trump administration seeks Federal Reserve Chair Jerome Powell’s replacement by May 2026.

Benzinga

Trump Admin Pushes G7, EU To Slap Tariffs On China And India Over Russian Oil Purchase To 'End The Senseless Killing' In Ukraine

The U.S. has urged its G7 and EU allies to join in targeting China and India with tariffs for buying Russian oil, even as President Donald Trump's trade war policies fuel a historic surge in U.S. tariff revenues.

Benzinga

Scott Bessent Heads To Madrid For High-Stakes Talks With China As TikTok Deadline Looms, Tariff Pressures Escalate

Treasury Secretary Scott Bessent will meet Chinese Vice Premier He Lifeng and senior officials in Madrid next week, marking their fourth round of in-person talks this year amid unresolved disputes over tariffs, agriculture and the looming TikTok deadline.

Barchart

3 Major Catalysts That Should Keep Precious Metals Prices Elevated as Gold Sets a New Record High

Gold reached a new record high and silver hit a 14-year high earlier this week. Here’s what could come next.

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Euronews

Von der Leyen previews new sanctions on Russia and new loan for Ukraine

Ursula von der Leyen offered a first look into the next round of sanctions against Russia and a special reparations loan for Ukraine.

The Independent UK

Trump administration could be forced to hand over Epstein financial documents under top Democrat’s bill

Ron Wyden’s years-long investigation following the money in Epstein’s trafficking scheme takes aim at the Treasury Department

Benzinga

Trump 'Strongly' Disagrees With Ken Griffin On Fed, Slams Central Bank's Neglect Of Money Supply: 'It's Like The Pope Not Believing In Jesus'

President, Donald Trump expressed disagreement with Ken Griffin, a billionaire and a former supporter of Trump, who had criticized the President’s interference with the Fed’s independence.

Benzinga

Trump's Rate Cut Demands Are 'A Recipe For A Bubble,' Says Ruchir Sharma: Points To 'AI Mania,' Surging Equity Markets As Red Flags

According to author, fund manager and columnist, Ruchir Sharma, the Federal Reserve’s much-anticipated rate cut later this month, amid substantial political and economic pressures, risks igniting a dangerous asset bubble.

Benzinga

Scott Bessent Reportedly Threatened Housing Finance Chief Bill Pulte In A 'Bonkers' And 'Unhinged' Confrontation: 'I'm Gonna Punch You'

A private dinner at Washington's ultra-exclusive Executive Branch club turned chaotic Wednesday night after Treasury Secretary Scott Bessent reportedly went into a profanity-laced tirade at the Federal Housing Finance Agency director Bill Pulte.

Benzinga

Scott Bessent Is 'Truly Vile,' Says Economist Paul Krugman: Slams 'Sleazy' And 'Underhanded' Campaign To Attack Fed Independence

Economist Paul Krugman slammed Treasury Secretary Scott Bessent for his efforts to undermine the independence of the Federal Reserve.

We Got This Covered

Donald Trump’s top favorites – trusted to safeguard U.S.’ future – are bickering 4th graders throwing punches and lame comebacks

The adults are definitely in charge when your top officials are screaming "I'll punch your face" over appetizers.

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