The Latest Breaking News from Scott Bessent

U.S. and Chinese officials are meeting in Stockholm to discuss trade tariffs and a potential summit between their leaders

“The biggest piece in the trade deal puzzle still remains, and the Chinese are unlikely to be as willing to fold.”

Trump said the EU will invest $600 billion in the U.S. and buy $750 billion worth of U.S. energy products.

The president is in Scotland, where he plans to discuss trade with the EU Commission chief

The past week has been a whirlwind of economic news, with President Donald Trump’s influence on the Federal Reserve and the U.S. economy taking center stage. From former Federal Reserve Chairs’ warning about potential economic damage to record-setting inflows into U.S. assets, the week was filled with significant developments.

Top opinion-shapers and decision-makers are expressing mixed views on the evolving conflict between the White House and the central bank.

China's reliance on exports for economic growth will be a key topic in U.S.-China trade talks this coming week in Stockholm

September S&P 500 E-Mini futures (ESU25) are trending up +0.13% this morning as investors remain cautiously optimistic that the U.S. may strike more trade deals ahead of President Donald Trump’s August 1st deadline.

Treasury Secretary Scott Bessent warned that Taiwan Semiconductor Manufacturing Co.’s (NYSE:TSM) massive Arizona fabrication facility may produce just 7% of America’s semiconductor needs, highlighting regulatory obstacles hampering domestic chip production.

The looming deadline for President Donald Trump‘s tariffs has sparked a shift in Wall Street’s predictions. Analysts are now projecting a more moderate increase in inflation, a departure from earlier fears of a significant surge.

U.S. Treasury Secretary Scott Bessent says that the United States and China are entering a more constructive phase in trade talks, with the possibility of a broader realignment in their economic relationship.