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US Treasury Secretary Scott Bessent will meet China's Vice Premier He Lifeng in Seoul on May 13, ahead of a Trump-Xi summit in Beijing. The two chief trade negotiators are expected to finalize the summit agenda, with tariffs and economic issues likely at the center of discussions.
US Treasury Secretary Scott Bessent will hold trade talks with China in Seoul ahead of a planned Trump-Xi summit, then meet Japan's prime minister and finance minister before traveling to Beijing.
US Treasury Secretary Scott Bessent has ruled out sanctions relief for Russian and Iranian oil, keeping full economic pressure on both countries. The move removes a potential supply boost from global markets and raises costs for countries, including India, that rely on discounted Russian crude.
Chinese Vice Premier He Lifeng held a video call with US Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer, with Beijing describing the tone as candid and constructive. The call comes weeks before an expected Trump-Xi summit, raising hopes for progress on trade tensions that have unsettled global
US Treasury Secretary Scott Bessent says the US is planning currency swap lines with Gulf and Asian partner countries. Swap lines give these nations easier access to dollars, reducing currency stress and signaling deeper US financial ties in key regions. Specific countries and timelines have not yet been confirmed.
Treasury Secretary Scott Bessent is publicly urging Americans to reduce over-withholding on their federal taxes, calling the adjustment an "automatic real wage increase." The message targets the common practice of lending the IRS interest-free funds throughout the year. The practical lever is a W-4 adjustment that
Treasury Secretary Scott Bessent warned that buyers of Iranian oil, including China, face secondary sanctions as Washington enforces a maritime blockade on Tehran's exports. Banks handling Iranian funds are also at risk, widening compliance exposure across global energy finance. No enforcement actions have been announc
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US Treasury Secretary Scott Bessent will meet China's Vice Premier He Lifeng in Seoul on May 13, ahead of a Trump-Xi summit in Beijing. The two chief trade negotiators are expected to finalize the summit agenda, with tariffs and economic issues likely at the center of discussions.
1mo ago · 3 min · Global Affairs
US Treasury Secretary Scott Bessent will hold trade talks with China in Seoul ahead of a planned Trump-Xi summit, then meet Japan's prime minister and finance minister before traveling to Beijing.
1mo ago · 2 min · Global Affairs
US Treasury Secretary Scott Bessent has ruled out sanctions relief for Russian and Iranian oil, keeping full economic pressure on both countries. The move removes a potential supply boost from global markets and raises costs for countries, including India, that rely on discounted Russian crude.
1mo ago · 3 min · Global Affairs
Chinese Vice Premier He Lifeng held a video call with US Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer, with Beijing describing the tone as candid and constructive. The call comes weeks before an expected Trump-Xi summit, raising hopes for progress on trade tensions that have unsettled global
2mo ago · 1 min · Global Affairs
US Treasury Secretary Scott Bessent says the US is planning currency swap lines with Gulf and Asian partner countries. Swap lines give these nations easier access to dollars, reducing currency stress and signaling deeper US financial ties in key regions. Specific countries and timelines have not yet been confirmed.
2mo ago · 1 min · Global Affairs
Treasury Secretary Scott Bessent is publicly urging Americans to reduce over-withholding on their federal taxes, calling the adjustment an "automatic real wage increase." The message targets the common practice of lending the IRS interest-free funds throughout the year. The practical lever is a W-4 adjustment that
2mo ago · 1 min · Policy & Government
Treasury Secretary Scott Bessent warned that buyers of Iranian oil, including China, face secondary sanctions as Washington enforces a maritime blockade on Tehran's exports. Banks handling Iranian funds are also at risk, widening compliance exposure across global energy finance. No enforcement actions have been announc
2mo ago · 1 min · Global Affairs
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