U.S. Treasury Secretary Scott Bessent made some quick remarks shortly after President Donald Trump announced a 90-day pause ...

Treasury Secretary Scott Bessent said China’s Wednesday retaliation to the president’s trade measures will prove to be a poor ...

Bessent made the comments after a 104% tariff on Chinese imports to the U.S. took effect at 12:01 a.m. Wednesday, prompting China to retaliate hours later by increasing its 34% tariff on U.S ...

Bessent singled out China as the primary offender in the global ... were a ceiling — not a floor — and would remain capped on nations which do not retaliate. "I think what a lot of people are missing ...

Treasury Secretary Scott Bessent said it was President Trump's ... with our allies and with our trading partners who did not retaliate. It wasn't a hard message: don't retaliate, things will ...

Treasury Secretary Scott Bessent said the Trump administration ... were put out last Wednesday are a ceiling … if you don’t retaliate,” he added. The 62-year-old hedge fund mogul also ...

Bessent, who landed with the president at the ... “For countries that don’t retaliate, we are at a maximum tariff level. And it is my hope that, through good negotiations, all we will do ...

Bessent told host Larry Kudlow that Trump is ... "I'll reiterate what I saw last week for countries that don't retaliate. We are at a maximum tariff level, and it is my hope that through good ...

The president paused higher import duties for dozens of countries for 90 days but hiked levies on China to 125%.

His message to global trading partners: "do not retaliate, and you will be rewarded." “We saw the successful negotiating strategy that President Trump implemented a week ago today,” Bessent ...