The Latest Breaking News from Scott Bessent

Rachel Reeves will conclude her trip to the IMF’s spring meetings with talks on a potential US-UK trade deal.

The Chancellor was speaking ahead of a meeting with US Treasury secretary Scott Bessent on Friday.

Billionaire Elon Musk called Treasury Secretary Scott Bessent a "Soros agent" as the two fought in the White House

Hopes of a tariff deal drove the major indexes higher.

US President Donald Trump's promises of securing trade deals with major partners took another blow Thursday, with a French minister saying an agreement with the EU was "a long way" off and China insisting talks had not even started.

President’s comments follow Chinese government’s denial of ‘baseless’ claim that Washington was close to deal

Kristalina Georgieva calls for trade policy settlement and says tariff wars have ‘spiked uncertainty off the charts’

Trump’s tactical retreat on key points like Fed Chair Powell and trade negotiations with China signals a change within the White House—potentially lining up a scapegoat if its policies fall flat.

June S&P 500 E-Mini futures (ESM25) are down -0.59%, and June Nasdaq 100 E-Mini futures (NQM25) are down -0.79% this morning as mixed signals from the Trump administration prompted investors to temper their expectations for swift progress in resolving the U.S.-China tariff dispute.

Beijing is in a stronger position than Washington to negotiate trade deal, analysts say.

Asian markets were mixed on Thursday as China poured cold water on US President Donald Trump's comments talking up the prospects of a deal to end their trade war.