News

President Trump says tariffs on China will 'come down substantially'
President Trump said 145% tariffs on Chinese imports will "come down substantially" as his administration expressed optimism ...
Trump Dials Down Heat on China, Powell After Market Turmoil
This is Washington Edition, the newsletter about money, power and politics in the nation’s capital. Today, senior editor Joe ...
Bessent says IMF and World Bank need reform and there's an 'opportunity for a big deal' with China
Treasury Secretary Scott Bessent has played a balancing act trying to reassure nervous investors that the U.S. would maintain ...
White House eases tone on tariffs on China but won’t be cutting them soon, it says
Treasury Secretary Scott Bessent said Wednesday that President Trump will not reduce tariffs on China without an agreement by ...
US lawmakers subpoena China telecom giants over security concerns
The leaders of a U.S. congressional committee on Wednesday moved to force China's three telecom giants to cooperate with an ...
Trump reversals on Fed chair, China tariffs send markets higher
Chief executives of Walmart, Target and Home Depot reportedly warned Trump that supply chain disruptions were already ...
Bessent assails IMF and World Bank and says there’s an ‘opportunity for a big deal’ with China
WASHINGTON (AP) — Treasury Secretary Scott Bessent leveled harsh criticism at the operations of the World Bank and the ...