I think that the Chinese will see that this high tariff level is unsustainable for their business model,” Scott Bessent said on ABC’s ‘This Week’ on Sunday.

The Treasury secretary said that the President Trump and Xi Jinping of China have a good relationship but that he was not ...

Many participants in the meetings had a sense that Trump's administration was still conflicted in its demands from trading ...

President says U.S. and China are talking, China denies it, and no one in the administration seems to know about it ...

The Washington Post editorial board praised President Donald Trump for his recent attempts to cool down the tariff wars.

US Treasury Secretary Scott Bessent said early talks with Japan and South Korea this week were "productive," according to Reuters on Friday.

He’s taking a softer tone on economic policy and looking to de-escalate his trade wars.

Treasury Secretary Scott Bessent following the tariff announcement in the Rose Garden Wednesday. (Jim Lo Scalzo/Bloomberg News) Treasury Secretary Scott Bessent encouraged trading partners not to ...

Trump told TIME magazine that talks were taking place and that Chinese President Xi Jinping had called him, an assertion he repeated to reporters as he was leaving the White House on Friday morning fo ...

The European Union's economy commissioner Valdis Dombrovskis said on Friday he had held a 'cordial and candid' meeting with ...

Germany's minister for economic cooperation, Svenja Schulze, emphasized that the Trump administration cannot dictate the ...

After global panic over the president’s trade proposals, Treasury Secretary Scott Bessent is downplaying his boss’s bluster.