Treasury Secretary Scott Bessent said the U.S. and China could start work soon on a fuller trade agreement, after the countries struck a [temporary deal](

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

Bessent, 63, gave a full-throated defense of the commander-in-chief’s America First agenda, predicting that Trump’s trade, deregulation, and tax policies would unlock a “Golden Age” of economic

U.S. Treasury Secretary Scott Bessent and others are expected to meet with Chinese counterparts in Geneva, Switzerland, later this week.

European markets breathed a sigh of relief after the on-again, off-again global trade war inspired by President Donald Trump was put on pause. The US and China will temporarily lower tariffs on each other’s products,

Treasury Secretary Scott Bessent is testifying Wednesday before the House Financial Services Committee on the state of international financial systems. Bessent has criticized operations at the

The China deal, like the U.K. deal, still leaves the U.S. with much higher barriers to trade than it had before.

U.S. Treasury Secretary Scott Bessent made a striking revelation in a video clip posted Monday, shedding light on how Chinese officials disregarded trade obligations during the presidential administration that preceded President Donald Trump's.