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Tag: Bessent, Scott

World

Xi to Trump: Rein in the Hawks Trying to Derail the Tariff Truce

June 6, 2025June 7, 2025Daisuke Wakabayashi and Berry WangComments Off on Xi to Trump: Rein in the Hawks Trying to Derail the Tariff Truce

China sought to depict a call between Xi Jinping and President Trump as an appeal from one strongman leader to another to run a tight ship and stay on course.

World

China Rejects Trump’s Accusation That It Violated Trade Truce

June 2, 2025June 2, 2025Daisuke WakabayashiComments Off on China Rejects Trump’s Accusation That It Violated Trade Truce

In response to President Trump’s claim, China said the United States was the one introducing a series of “discriminatory restrictive measures.”

World

Trump Accuses China of Violating Trade Agreement

May 30, 2025May 30, 2025Alan Rappeport and Tony RommComments Off on Trump Accuses China of Violating Trade Agreement

President Trump said that Beijing was not honoring the terms of a temporary agreement and warned of further confrontation.

World

G7 Finance Ministers Show Unity in Support of Ukraine Against Russia

May 22, 2025May 22, 2025ALAN RAPPEPORTComments Off on G7 Finance Ministers Show Unity in Support of Ukraine Against Russia

Top economic officials avoided a condemnation of U.S. tariffs but committed to trying to reduce “economic policy uncertainty.”

World

G7 Officials Gather Amid Headwinds From Trump’s Trade War

May 20, 2025May 20, 2025Alan Rappeport and Ana SwansonComments Off on G7 Officials Gather Amid Headwinds From Trump’s Trade War

Treasury Secretary Scott Bessent will meet his international counterparts at a G7 finance ministers meeting in Canada.

World

Trump Suggests Openness to Slashing China Tariffs Ahead of Trade Talks

May 9, 2025May 9, 2025ALAN RAPPEPORTComments Off on Trump Suggests Openness to Slashing China Tariffs Ahead of Trade Talks

The president said reducing tariffs to 80 percent from the current 145 percent “sounds right,” as U.S. and Chinese negotiators prepare to meet in Switzerland.

World

Trump Ties Himself to Future of Ukraine With Minerals Deal

May 1, 2025May 1, 2025Kim BarkerComments Off on Trump Ties Himself to Future of Ukraine With Minerals Deal

The text of the agreement, made public by Ukraine’s government, made no mention of the security guarantees that Kyiv had long sought.

World

China Rejects Trump Claim of Tariff Talks With Xi

April 25, 2025April 25, 2025Ana Swanson and Jonathan SwanComments Off on China Rejects Trump Claim of Tariff Talks With Xi

President Trump said that “we’re meeting with China” on tariffs, comments aimed at soothing jittery financial markets. But Chinese officials say no talks have taken place.

World

Scott Bessent Accuses IMF and World Bank of ‘Mission Creep’

April 23, 2025April 23, 2025ALAN RAPPEPORTComments Off on Scott Bessent Accuses IMF and World Bank of ‘Mission Creep’

Treasury Secretary Scott Bessent argued in a speech that the multilateral economic institutions have veered away from their missions.

World

Ukraine and U.S. Sign Agreement in Lead-Up to Full Minerals Deal

April 17, 2025April 17, 2025ANDREW E. KRAMERComments Off on Ukraine and U.S. Sign Agreement in Lead-Up to Full Minerals Deal

The signed memorandum of understanding was thin on details, and the White House did not comment. But President Trump has said he expects to sign a minerals deal with Kyiv soon.

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