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The Latest Breaking News from Scott Bessent

Trump extends TikTok shutdown deadline for fourth time after reaching framework deal with China

US President Donald Trump postponed federal law to ban social media platform TikTok while American and Chinese officials iron out a framework deal.

Euronews

Why Bessent's Tariff Talk Puts Dollar-Sensitive Stocks On Edge

Stanley Druckenmiller's protégé, Treasury Secretary Scott Bessent, is stirring fresh debate on Wall Street with his latest read on tariffs and trade in a CNBC Squawk Box interview. At first glance, a narrowing U.S. trade deficit with China looks like a policy win, but Bessent warns it could have unintended…

Benzinga

Bessent Says Trump Was Ready To Let TikTok 'Go Dark' — Here's What That Means For Tech Stocks

President Donald Trump was ready to let TikTok "go dark" — and that hardball stance forced China back to the negotiating table, according to Treasury Secretary Scott Bessent. But while Washington debates national security, Wall Street is asking a different question: what does TikTok's uncertain fate mean for U.S. tech…

Benzinga

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Reeves and US counterpart Bessent meet finance chiefs

Chancellor Rachel Reeves said they were delivering ‘investment and opportunity’ on both sides of the Atlantic.

Evening Standard

Asian shares trade mixed after Wall Street sets new records

Asian shares are trading mixed after Wall Street set new records as investor anticipation grew that the U.S. Federal Reserve will announce the first cut of the year on its main interest rate

The Independent UK

Ukraine-Russia war latest: Trump says it ‘takes two to tango’ over lack of progress on Putin-Zelensky talks

The US president said Zelensky ‘has to make a deal’ and refused to criticise Putin for stalling peace talks

The Independent UK

Russia-Ukraine war: List of key events, day 1,300

Here are the key events on day 1,300 of Russia’s war on Ukraine.

Al Jazeera

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China accuses Nvidia of violating anti-monopoly laws

The claim came as the US and China held trade talks in Madrid that concluded on Monday.

Al Jazeera

TikTok will retain "Chinese characteristics" after sale, Bessent says

The latest extension on the app's ban was due to expire this Wednesday

Axios

TikTok ban in flux as White House announces China-US framework deal

The app would have gone dark if China’s ByteDance had not divested by Wednesday.

Al Jazeera

TikTok's Fate Sealed? Washington and Beijing Agree 'Framework' for US Takeover of Viral App

Washington and Beijing have reportedly agreed a framework for the US takeover of TikTok, with final confirmation expected this week as both governments seek to resolve national security concerns.

International Business Times UK

U.S. And China Strike Tentative Deal On TikTok As Ban Deadline Looms

The announcement came on the second day of high-level negotiations led by Bessent and Chinese Vice Premier He Lifeng, aimed at easing wider trade tensions. The talks also cover disputes over tariffs, technology transfers and rare earth supply chains.

International Business Times

FTSE 100 red ahead of expected US rate cut

The index closed down 6.26 points, 0.1%, at 9,277.03.

The Independent UK

Yes, the Trump administration is now friends with TikTok and is finalizing a buyout

TikTok may finally be safe, but at what cost?

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Euronews

US says TikTok deal reached with China. Here’s all we know and who the buyer could be

What do we know about a possible deal reached between the US and China regarding TikTok?

Al Jazeera

Can the EU and NATO impose tariffs on India and China, as Trump wants?

In an effort to end Russia’s war in Ukraine, the US president proposes tariffs targeting Putin’s major trading partners.

Benzinga

Trump Hints TikTok Deal Is Locked In—Youth 'Will Be Very Happy'

President Donald Trump hinted on Truth Social Monday that a long-awaited deal involving TikTok may finally be complete.

The Independent UK

The US says a deal has been reached on TikTok, but details are sparse

A framework deal has been reached for the ownership of popular social video platform TikTok, U.S. Treasury Secretary Scott Bessent said after weekend trade talks between the U.S. and China in Spain

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The Guardian - US

US and China reach deal to transfer TikTok ownership, trade officials say

Framework deal is breakthrough in long-running dispute over app’s ownership amid security concerns in Washington

International Business Times

US 'Very Close' To TikTok Deal With China: US Treasury Chief

The United States is "very close" to a deal with China to settle their dispute over TikTok, US Treasury Secretary Scott Bessent said Monday as the two sides resumed trade talks in Madrid.

Al Jazeera

US, China talk trade amid threats over Russian oil, TikTok ban

US and Chinese officials to meet for second day in Spain as Trump threatens to target China’s oil purchases.

Benzinga

Democrats Push Trump To Include A Cap On China's Overproduction In Bilateral Trade Deal: Report

U.S. Democrats have reportedly called on the Trump administration to address China’s “structural overproduction” as part of any future bilateral trade agreement.

The Independent UK

Trump signals he may extend TikTok deadline again as US-China talks resume in Spain

Future of video app hangs in balance while Beijing and Washington remain locked in trade disputes

The Independent UK

China launches probes targeting US semiconductors ahead of Madrid trade talks

China has launched two probes targeting the U.S. semiconductor sector ahead of trade talks in Spain

Benzinga

Scott Bessent Meets BlackRock's Rick Rieder As Trump Eyes Fed Chair Replacement For Jerome Powell: Report

U.S. Treasury Secretary Scott Bessent continues vetting candidates as Trump administration seeks Federal Reserve Chair Jerome Powell’s replacement by May 2026.

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