The White House backed off from the steepest levies, as the costs of an all-out trade war with China threatened global economic growth.

Former Treasury Secretary Larry Summers praised Scott Bessent, who currently serves in that role under President Donald Trump’s administration, for successfully negotiating a trade deal with China. While appearing on CNN’s “The Arena” with Kasie Hunt,

GENEVA — The United States and China have agreed to temporarily slash reciprocal tariffs in a deal that surpassed expectations as the world’s two biggest economies seek to end a damaging trade war that has stoked fears of recession and roiled financial markets.

U.S. and Chinese officials said they had reached a deal to roll back most of their recent tariffs and call a 90-day truce in their trade war for more talks on resolving their trade disputes.

Treasury Secretary Scott Bessent gives "The Ingraham Angle" an update on trade negotiations with China and their next talks with Chinese counterparts.

in addition to the massive 145% tariffs on China. More: Trade deals possible this week but no talks with China; Scott Bessent testimony takeaways Bessent said the administration is in negotiations ...

Treasury Secretary Scott Bessent said Tuesday on “The Ingraham Angle” that despite Wall Street’s unease, President Donald Trump will make

Republican strategist Scott Jennings triggered a former Biden campaign aide when he mentioned China’s alleged assessment of former President Joe Biden. President Donald Trump announced a 90-day de-escalation of tariffs with China Monday following meetings Secretary of the Treasury Scott Bessent held with Chinese officials Saturday and Sunday,