U.S. Treasury Secretary Scott Bessent on Sunday warned that countries that don’t make trade deals with the U.S. will return to their April 2 tariff rates starting in August, while noting that ...

President Trump's trade talks with China have led to "de-escalation," according to Secretary Bessent, who shared new details about the tariff negotiations.

Scott Bessent says China is large buyer ‘of sanctioned Iranian oil, sanctioned Russian oil. So we could start discussing that’.

Bessent's victory lap on tariff revenues was premature. And so are hopes that the trade war won't damage commerce and the U.S. economy.