Scott Bessent - Page 4

Trump Says U.S. ‘Close to Making a Deal’ with Protectionist India

President Donald Trump told reporters on Monday that his administration is close to finalizing a trade deal with India. India hedged its bets last week by notifying the World Trade Organization (WTO) that it could impose up to $724 million in retaliatory tariffs against American goods if a trade deal is not reached.

US President Donald Trump meets with Indian Prime Minister Narendra Modi in the Oval Offic

Mexican Government Rushes to Defend Cartel-Connected Banks Targeted for Sanctions by U.S. Treasury Department

Mexico’s government is rushing to the aid of two Mexican-based banks and a brokerage firm that the U.S. Department of the Treasury accused of working with various cartels to launder money or helping them move money to China to pay for fentanyl precursors. Mexican officials questioned the validity of the Treasury Department’s sanctions, stating that the claims lack sufficient evidence to support the allegations.

FILE: Getty Images

Trump Policies Cut Migration, Raise Wages

President Donald Trump’s popular enforcement of migration law has been accompanied by a two percent gain in wages for blue-collar Americans, according to economic evidence touted by Treasury Secretary Scott Bessent.

Two window washer men working on the facade of the Greektown Casino and Hotel. (Photo by R

U.S. and China Strike Deal in London to Revive Rare Earths Trade Truce

LONDON — The United States and China have agreed to a new trade framework aimed at restoring a stalled truce and stabilizing key economic ties. The agreement, reached during two days of talks at Lancaster House in London, includes provisions on critical mineral exports, tariff levels, and Chinese student access to U.S. universities.

US Treasury Secretary Scott Bessent (R) and US Trade Representative Jamieson Greer hold a

U.S. — China Trade Talks Kick Off in London

LONDON — American and Chinese delegations arrived at Lancaster House in London on Monday morning to begin a new round of trade negotiations, with rare-earth minerals and advanced technology at the center of the talks. The meeting follows a phone conversation last week between President Donald Trump and President Xi Jinping that helped pave the way for the diplomatic thaw.

Lancaster House