The U.S. has agreed to drop its 145% tariff rate on Chinese goods to 30%, while China has agreed to lower its rate on U.S.

U.S. negotiators said Sunday that “substantial progress” was made and “perhaps the differences weren’t so large” after two ...

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.

Former Treasury Secretary Larry Summers praised Scott Bessent, who currently serves in that role under President Donald Trump ...

US and China agree on a 90-day tariff pause after high-stakes Geneva trade talks. Starting May 14, the US will cut tariffs on ...

saying in a Truth Social post that "80% Tariff seems right! Up to Scott.″ Sun Yun, director of the China program at the Stimson Center, noted it will be the first time He and Bessent have talked.

Scott Bessent confirmed to Congress that no negotiations with China over tariffs have occurred since Trump announced a controversial policy roughly a month ago.

Up to Scott B,” Trump said in a separate ... equates a trade imbalance with losses. Trump and Bessent have both said the high tariff on China — and China’s 125% tariff on most US goods ...

U.S. Treasury Secretary Scott Bessent ... substantial progress between the United States and China in the very important trade talks,” Bessent said. He echoed the positive sentiment of Trump ...

The US and China have agreed to put most tariffs on pause for 90 days, marking a major deescalation in a trade tit-for-tat that has roiled global markets. Treasury Secretary Scott Bessent ...

On Friday morning, Trump posted on Truth Social: "80% Tariff on China seems right! Up to Scott B," referring to Treasury Secretary Scott Bessent. Bloomberg reported earlier that a more dramatic ...