The status quo of large U.S trade deficits cannot persist, Treasury Secretary Scott Bessent said. "Intentional policy choices by other countries have hollowed out America’s manufacturing sector ...

Both nations pledged to cut their broad, ballooning tariffs after weekend talks. US tariffs dropped to 30% from 145%, while ...

BEIJING: Xi Jinping's decision to stand his ground against Donald Trump could hardly have gone any better for the Chinese ...

U.S. Treasury Secretary Scott Bessent hailed the progress made with China on tackling fentanyl at trade talks in Switzerland, saying Beijing is "now serious" about the issue.

The White House has released President Donald Trump’s schedule for Monday. He will hold a press conference with Health ...

It comes as Trump has defended reports the Qatari royal family will gift a $400 million Boeing jet to the president to use as ...

12 May: The US and China announce a 90-day pause on "reciprocal" tariffs starting 14 May after holding trade talks in ...

Global markets are rallying on optimism over Washington and Beijing reaching a major, if temporary, détente in their tariff ...

The United States has decided to temporarily cut reciprocal tariffs on China by 115% as part of an agreement between the two ...

The US and China both pointed to progress after high-stakes trade talks over the weekend, with both sides building optimism ...

U.S. stocks rallied Monday after the U.S. and China agreed to temporarily slash tariffs following negotiations over the ...

Treasury Secretary Scott Bessent said talks with China had been “very productive.” Both countries agreed to cut “recipricol” ...