China will make ‘substantial’ purchases of U.S. soybeans and should avoid an extra 100% tariff, says Bessent—who reveals he’s also a farmer

"So I would expect that the threat of the 100% has gone away, as has the threat of the immediate imposition of the Chinese ...

Chinese and U.S. officials tentatively agree to avert 100 percent tariffs

The announcement marked a significant de-escalation of a volatile trade war ahead of Trump’s Thursday meeting with Xi.

Bessent says China to delay rare earths rules by a year, buy U.S. soybeans

U.S. Treasury Secretary Scott Bessent said on Sunday that he anticipates that China will revive substantial purchases of U.S.

Bessent says U.S. won't be able to pay military by Nov. 15 amid shutdown

Treasury Secretary Scott Bessent said service members will miss paychecks by Nov. 15 if the government shutdown stretches on.

U.S. debt tops $38 trillion for the first time, worsened by government shutdown

The national debt is rising faster than ever and threatens to undermine confidence in the economy, experts warn.