The Latest Breaking News from Scott Bessent

Japan’s PM says there are still gaps between the two countries’ stances

Uncertainty over Donald Trump's tariff blitz mounted Thursday after the Fed chief warned of rising prices and "volatility" while "progress" flagged by the US president in talks with Japan lifted markets slightly.

The Treasury Department has imposed sanctions on a Chinese oil refinery that's accused of purchasing more than $1 billion worth of Iranian oil

JPMorgan CEO says no country has ‘divine right to success’ in latest caution to president

China told Washington on Wednesday to "stop threatening and blackmailing" after US President Donald Trump said it was up to Beijing to come to the negotiating table to discuss ending their trade war.

"The ball is in China's court. China needs to make a deal with us. We don't have to make a deal with them," said a statement from Trump read out by Press Secretary Karoline Leavitt. "There's no difference between China and any other country except they are much larger," she…

President Javier Milei promised Argentinians that an economic revival would follow the pain of harsh austerity

Plus: Luigi trial, Polis sucking, tariff polling, and more...

The US president's unorthodox approach to trade diplomacy continues to fuel uncertainty among investors, with speculation over new levies on high-end technology and pharmaceuticals dampening sentiment.

The rhetoric out of Trump’s cabinet on tariffs is changing, with Scott Bessent pushing for a “first mover” to sign on the dotted line for a deal with the U.S.

Vietnam is Xi Jinping’s first stop on a three-nation Southeast Asia tour, as China and the U.S. escalate their trade war.