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India Could Be The First Country To Sign Trade Deal With US To Avoid Tariffs
Currently, the 26% reciprocal tariff on India that the US imposed is on a 90-day suspension. The pause will expire on July 8th. However, India does face a 10% tariff as other nations per the US trade policy.
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IMF, World Bank "Must Be Made Fit For Purpose Again": US Treasury Chief
The International Monetary Fund and World Bank "must be made fit for purpose again," US Treasury Secretary Scott Bessent said Wednesday, arguing the institutions have strayed from their initial missions.
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"Big Deal To Be Done" With China "At Some Point", Says US Treasury Chief
Treasury Secretary Scott Bessent on Monday said there was no reason that the US and Chinese economies had to cleave apart, saying a deal could be done even as the two economic powerhouses trade tariff threats.
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"His Strategy All Along": US Treasury Secretary On Trump Tariff Pause
US President Donald Trump paused a major part of his tariff plan after sharp declines in the stock and bond markets and growing pressure from business leaders, lawmakers and global allies.
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US Says India Is "Front' In Trade Negotiations
US Secretary of the Treasury Scott Bessent addressed the immediate increase in tariffs of 125% on China, stating that the issue is not just about the country but also about "bad actors" in global trade during a press briefing at the White House.
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"Don't Retaliate": US Treasury Secretary Warns Against Trump Tariff Retaliation
US Treasury Secretary Scott Bessent on Wednesday warned trading partners that any retaliation to the barrage of new tariffs from the White House would only result in further escalation.
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Explained: What Will Happen If US Withdraws From World Bank, IMF
An alarm is rising over Washington's potential withdrawal from global institutions, including the International Monetary Fund and the World Bank, with the no-show of US Treasury Secretary Scott Bessent at G20 meetings adding to the anxiety.
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"Was Sleeping": Trump Accuses Ukraine's Zelensky Of Treating US Envoy "Rudely"
US President Donald Trump said Wednesday his treasury secretary was treated "rudely" during an official visit to Kyiv.
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Scott Bessent, Donald Trump's US Treasury Pick, Fuels Global Relief Rally Vs Dollar
The selection of Scott Bessent as the next Treasury Secretary has fueled a rally in currencies around the world against the dollar, as traders trim bets that the return of Donald Trump will send tremors throughout global markets.
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Trump Names Billionaire Hedge Fund Manager Scott Bessent As Treasury Chief
US President-elect Donald Trump on Friday named billionaire Scott Bessent as his Treasury secretary, choosing the hedge fund manager to help execute an agenda promising tax cuts and tariffs.
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US Set To Announce "Strong New Sanctions" Aimed At Russia: Treasury Secretary
The United States is set to announce "strong new sanctions" as early as next week, with targets including parties in countries that support Russia's military, Treasury Secretary Janet Yellen said Tuesday.
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US Treasure Secretary Says Ties With China "Closer" Despite Tariffs
US Treasury Secretary Janet Yellen said in an interview Thursday that Washington's economic ties with Beijing are closer now despite recent tariff hikes, with both sides cooperating in areas like financial stability.
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China Slams US' "Fear-Mongering" After Criticism Over Excess Manufacturing
U.S. Treasury Secretary Janet Yellen comments on China's excess manufacturing capacity seek to rehash "China threat" rhetoric and appear to create a pretext for more protectionist policies from the U.S., Chinese state media said.
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Amid War, US Senate Confirms Jack Lew As Ambassador To Israel
The U.S. Senate on Tuesday backed President Joe Biden's nominee, former Treasury Secretary Jack Lew, to be the next U.S. ambassador to Israel, despite Republican objections over his past dealings with Iran.
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Nirmala Sitharaman, US Treasury Secretary Janet Yellen Discuss G20 Priorities
Finance Minister Nirmala Sitharaman on Friday held a bilateral meeting with US Treasury Secretary Janet Yellen and discussed G20 priorities.
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India Could Be The First Country To Sign Trade Deal With US To Avoid Tariffs
Currently, the 26% reciprocal tariff on India that the US imposed is on a 90-day suspension. The pause will expire on July 8th. However, India does face a 10% tariff as other nations per the US trade policy.
-
IMF, World Bank "Must Be Made Fit For Purpose Again": US Treasury Chief
The International Monetary Fund and World Bank "must be made fit for purpose again," US Treasury Secretary Scott Bessent said Wednesday, arguing the institutions have strayed from their initial missions.
-
"Big Deal To Be Done" With China "At Some Point", Says US Treasury Chief
Treasury Secretary Scott Bessent on Monday said there was no reason that the US and Chinese economies had to cleave apart, saying a deal could be done even as the two economic powerhouses trade tariff threats.
-
"His Strategy All Along": US Treasury Secretary On Trump Tariff Pause
US President Donald Trump paused a major part of his tariff plan after sharp declines in the stock and bond markets and growing pressure from business leaders, lawmakers and global allies.
-
US Says India Is "Front' In Trade Negotiations
US Secretary of the Treasury Scott Bessent addressed the immediate increase in tariffs of 125% on China, stating that the issue is not just about the country but also about "bad actors" in global trade during a press briefing at the White House.
-
"Don't Retaliate": US Treasury Secretary Warns Against Trump Tariff Retaliation
US Treasury Secretary Scott Bessent on Wednesday warned trading partners that any retaliation to the barrage of new tariffs from the White House would only result in further escalation.
-
Explained: What Will Happen If US Withdraws From World Bank, IMF
An alarm is rising over Washington's potential withdrawal from global institutions, including the International Monetary Fund and the World Bank, with the no-show of US Treasury Secretary Scott Bessent at G20 meetings adding to the anxiety.
-
"Was Sleeping": Trump Accuses Ukraine's Zelensky Of Treating US Envoy "Rudely"
US President Donald Trump said Wednesday his treasury secretary was treated "rudely" during an official visit to Kyiv.
-
Scott Bessent, Donald Trump's US Treasury Pick, Fuels Global Relief Rally Vs Dollar
The selection of Scott Bessent as the next Treasury Secretary has fueled a rally in currencies around the world against the dollar, as traders trim bets that the return of Donald Trump will send tremors throughout global markets.
-
Trump Names Billionaire Hedge Fund Manager Scott Bessent As Treasury Chief
US President-elect Donald Trump on Friday named billionaire Scott Bessent as his Treasury secretary, choosing the hedge fund manager to help execute an agenda promising tax cuts and tariffs.
-
US Set To Announce "Strong New Sanctions" Aimed At Russia: Treasury Secretary
The United States is set to announce "strong new sanctions" as early as next week, with targets including parties in countries that support Russia's military, Treasury Secretary Janet Yellen said Tuesday.
-
US Treasure Secretary Says Ties With China "Closer" Despite Tariffs
US Treasury Secretary Janet Yellen said in an interview Thursday that Washington's economic ties with Beijing are closer now despite recent tariff hikes, with both sides cooperating in areas like financial stability.
-
China Slams US' "Fear-Mongering" After Criticism Over Excess Manufacturing
U.S. Treasury Secretary Janet Yellen comments on China's excess manufacturing capacity seek to rehash "China threat" rhetoric and appear to create a pretext for more protectionist policies from the U.S., Chinese state media said.
-
Amid War, US Senate Confirms Jack Lew As Ambassador To Israel
The U.S. Senate on Tuesday backed President Joe Biden's nominee, former Treasury Secretary Jack Lew, to be the next U.S. ambassador to Israel, despite Republican objections over his past dealings with Iran.
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Nirmala Sitharaman, US Treasury Secretary Janet Yellen Discuss G20 Priorities
Finance Minister Nirmala Sitharaman on Friday held a bilateral meeting with US Treasury Secretary Janet Yellen and discussed G20 priorities.
