The Latest Breaking News from Scott Bessent

U.S. Treasury Secretary Scott Bessent announced plans to meet with his Chinese counterpart in the coming weeks to advance trade discussions between the world’s two largest economies, amid escalating tariff threats from President Donald Trump.

Trump threatens to impose tariffs of 25-40 percent from August 1 unless countries make concessions on trade.

ANALYSIS: It turns out getting 90 deals in 90 days is harder than making almost every Republican bend the knee, Eric Garcia writes

The FTSE 100 index closed down 16.38 points, 0.2%, at 8,806.53.

US president posted copies of letters addressed to leaders of both countries on social media, stoking further confusion

Donald Trump issued a warning, saying that countries backing the BRICS alliance would face an additional 10% tariff.

Donald Trump's aggressive trade policy faces a critical week as the US president races to secure the bilateral deals he promised, ahead of a shifting deadline for re-imposing steep tariffs on dozens of economies.

Elon Musk slammed Treasury Secretary Scott Bessent after the official said he was not popular among Americans and suggested his business boards did not receive well the news of his new "America Party"

The veteran Tesla bull says there is a "sense of exhaustion" from many investors that their CEO keeps heading down the political track.

President has savaged Federal Reserve chair Jerome Powell for not lowering interest rates, but he can’t easily fire him

September S&P 500 E-Mini futures (ESU25) are down -0.34%, and September Nasdaq 100 E-Mini futures (NQU25) are down -0.53% this morning, starting the week on a downbeat note as uncertainty surrounding U.S. tariffs remains elevated ahead of the July 9th deadline to complete trade negotiations.