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Reuters |
U.S. tariff negotiations are the result of calls from other countries not sliding financial markets and China's escalation is a big mistake, U.S. Treasury Secretary Scott Bessent said on Tuesday. "I t...
Fox News |
One GOP lawmaker told Fox News Digital that Trump's messaging has been "well-received" but added, "It would be nice to have more information."

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China tariff escalation a big mistake, US Treasury Secretary says
U.S. tariff negotiations are the result of calls from other countries not sliding financial markets and China's escalation is a big mistake, U.S. Treasury Secretary Scott Bessent said on Tuesday. "I think it was a big mistake,
Treasury Secretary Scott Bessent: China's trade war escalation 'big mistake'
The U.S. goods trade deficit with China was $295.4 billion in 2024, a 5.8 percent increase ($16.3 billion) over 2023.
Treasury secretary Bessent takes the lead as countries queue to make US trade deal
An upbeat Scott Bessent walked into the US Treasury department on Tuesday, optimistic that the tensions between America and some of its allies in the wake of last week’s “liberation day” tariff announcement would soon be eased.
SCOOP: Treasury Secretary Bessent to huddle with key Republican caucus as Trump enacts tariff plan
Treasury Secretary Scott Bessent will be on Capitol Hill again on Wednesday to meet with a key Republican caucus, Fox News Digital has learned. A source familiar with the planning told Fox News Digital that Bessent is among the speakers at the Republican Study Committee's weekly lunch on Wednesday.
US markets rally as Trump's treasury secretary calls China tariff escalation a 'big mistake'
US stocks rally after days of turmoil, as European and Asian markets also stabilise White House Treasury Secretary Scott Bessent calls Beijing's response to US tariffs a "big mistake", after China says it will "fight to the end" It comes after Trump threatened to hit Beijing with an extra 50% tariff if it doesn't withdraw its 34% retaliatory levy by the end of the day - here's how the tit-for-tat tariffs unfolded With a deadline looming for China,
Maddow Blog | Treasury secretary interview offers timely reminder: There are no adults in the room
Many hoped Treasury Secretary Scott Bessent would be a voice of reason on Team Trump. Amid the crisis caused by tariffs, those hopes have since evaporated.
Trump moves full steam ahead on politically risky tariffs after days of market tumult
Trump touted his sweeping tariffs as decades in the making, saying he's been talking about trade imbalances for "35 years" and that "nobody but me would do this."
Bessent’s Mar-a-Lago tariff message to Trump: zero in on the endgame
As President Donald Trump’s new tariffs shook global markets and sent foreign leaders scrambling this weekend, Treasury Secretary Scott Bessent flew to Mar-a-Lago with a message.
Treasury Secretary Bessent tells countries not to retaliate after sweeping 'Liberation Day' tariffs
Treasury Secretary Scott Bessent unpacks the Trump administration's sweeping retaliatory tariffs on "Special Report."
US Treasury Secretary Bessent to head trade talks with Japan - Nikkei
U.S. Treasury Secretary Scott Bessent will lead trade negotiations with Japan, the Nikkei newspaper reported on Tuesday.
The Treasury Secretary Needs Better Data on How You Save for Retirement
Scott Bessent said on television that most people kept 401(k) money in a 60 percent stock fund. It’s not quite that simple.
US could run short of money to pay its bills by August without a debt limit deal, CBO says
The United States is on track to hit its statutory debt ceiling — the so-called X-date when the country runs short of money to pay its bills— as early as August without a deal between lawmakers and the White House.
Wall St rallies after sharp losses on hopes of tariff talks
Wall Street's main indexes on Tuesday recouped some of the heavy losses clocked since last week as technology and financials led the gains on expectations that the U.S. would open up for negotiations on its aggressive tariffs.
Treasury secretary: ‘My advice to every country right now is do not retaliate’
Treasury Secretary Scott Bessent encouraged countries around the world to refrain from retaliating against the U.S. in light of President Trump’s reset of tariff policy, arguing the administration
Karoline Leavitt Brings Receipts Of Dems Echoing Trump’s Concerns About Trade Policy
White House press secretary Karoline Leavitt brought receipts of prominent Democrats making the same critiques about trade policy as President Donald Trump during Tuesday’s press briefing. Trump has come under Democratic scrutiny for imposing reciprocal tariffs on foreign imports in order to create fairer trade practices and return manufacturing to the U.
The Associated Press on MSN12d
US economic growth to slow in the next 30 years, fueled by debt and declining birth rates, CBO says
Copyright 2025 The Associated Press. All Rights Reserved. Treasury Secretary Scott Bessent speaks with reporters at the White House, March 13, 2025, in Washington ...
Opinion
Treasury secretary interview offers timely reminder: There are no adults in the room
Many hoped Treasury Secretary Scott Bessent would be a voice of reason on Team Trump. Amid the crisis caused by tariffs, those hopes have since evaporated.
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