The status quo of large U.S trade deficits cannot persist, Treasury Secretary Scott Bessent said. "Intentional policy choices by other countries have hollowed out America’s manufacturing sector ...

Treasury Secretary Scott Bessent said he will lead trade negotiations with Japanese Prime Minister Shigeru Ishiba. The Treasury secretary said in a post on X that President Trump asked him and the ...

U.S. Treasury Secretary Scott Bessent made some quick remarks shortly after President Donald Trump announced a 90-day pause on reciprocal tariffs for more than 75 countries but a higher levy on ...

Treasury Secretary Scott Bessent said it was President Trump's "strategy all along" to walk back tariffs on every country but China soon after Trump announced the change in policy on Wednesday ...

Treasury Secretary Scott Bessent has confirmed that Japan will take priority in the administration’s upcoming trade negotiations, underscoring its strategic importance as both a military ally ...

Treasury Secretary Scott Bessent said the U.S. holds the upper hand in its budding trade war with China and called the Asian giant’s retaliation a “mistake” on Tuesday. “I think it was a ...

Treasury Secretary Scott Bessent said Tuesday he expects a couple big deals “very quickly” in relation to President Trump’s latest tariff announcement. “We have one of the Vietnamese ...

Treasury Secretary Scott Bessent on Monday said the White House will start interviewing candidates this fall to succeed Federal Reserve Chair Jerome Powell, whose term ends in May 2026.

Treasury Secretary Scott Bessent did just that in the middle of the US bond market selloff last Wednesday, a few hours before President Trump postponed most of his Liberation Day tariffs.