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The Latest Breaking News from Scott Bessent

China will talk trade, but US will need to make the first move, experts say

Beijing is in a stronger position than Washington to negotiate trade deal, analysts say.

Al Jazeera

Asian Markets Mixed As China Dispels Trump Talk Of Tariff Negotiations

Asian markets were mixed on Thursday as China poured cold water on US President Donald Trump's comments talking up the prospects of a deal to end their trade war.

International Business Times

US Treasury Secretary says IMF and World Bank need reform

Treasury Secretary Scott Bessent said the institutions “serve critical roles in the international system. And the Trump administration is eager to work with them — so long as they can stay true to their missions.”

Euronews

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Wall Street rally falters as Trump sends mixed tariff signals

The rebound in the US stock markets ran out of steam after a two-day rally as the Trump administration sent mixed messages regarding its tariff plans on other countries, particularly China.

Euronews

Asian Markets Mostly Up As Trump Soothes Fed Fears

Asian markets were mixed on Thursday after President Donald Trump said he had "no intention" of firing the US central bank head and made conciliatory comments on his trade war with China.

International Business Times

China schools Trump on the art of a tariff deal: Don’t threaten us

Donald Trump has announced he’s willing to back way off Chinese tariffs after his levy package hit the stock market, the strength of the dollar, small businesses and American jobs.

The Independent UK

Australian shares finish short week on a high note

Australian shares have posted a second consecutive week in the green, as cooling rhetoric from the Trump administration over tariffs lifted investor confidence.

AAP

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Musk, Bessent had shouting match in WH

A new report details a heated argument between the Trump advisers, within earshot of the president

Salon

US trade talks overshadow Reeves’s mission to Washington

The Chancellor has travelled to the US capital for the International Monetary Fund (IMF)’s spring meetings.

The Independent UK

Trumpworld talks out of both sides of its mouth on tariffs and trade

Analysis: Trump’s tariffs might upset the tummy of Wall Street. But its the inconsistency that will give investors heartburn

The Independent UK

Here’s what stopped Trump in his quest to oust Fed chair Jerome Powell

The Trump administration has also signaled its trade war with China may be letting up soon

The Independent UK

Trump Seeks 'Fair Deal' With China But Pathway Unclear

US President Donald Trump on Wednesday played up prospects of a "fair deal" on trade with China, but his top officials offered few details of how Washington might de-escalate its damaging tariff war with Beijing.

International Business Times

Stocks rebound for second consecutive day as the White House signals even more strongly it wants to make nice on tariffs

Stock indexes and the U.S. dollar rose, as investors got hints of a long-sought détente in America’s trade wars.

Fortune

Elon Musk and Scott Bessent had a ‘very loud’ shouting match in the West Wing: ‘two billionaire, middle-aged men thinking it was WWE’

The two billionaires have a testy relationship dating back to the post-election transition period

The Independent UK

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Latin Times

Musk Reportedly Engaged In New Shouting Match With Top Trump Cabinet Member: 'It Was Quite a Scene'

Elon Musk reportedly engaged in a loud confrontation with Treasury Secretary Scott Bessent in the White House, Axios reported

Fortune

Scott Bessent says the World Bank and IMF need a total overhaul: 'Mission creep has knocked these institutions off course'

Treasury Secretary Scott Bessent, in remarks to the Institute of International Finance on Wednesday, said the two agencies are falling short.

Evening Standard

US ‘keen to do a deal’, says Rachel Reeves as she outlines red lines ahead of trade talks

Chancellor expected to meet US Treasury secretary Scott Bessent on Friday in an attempt to make progress on negotiations for a UK-US economic deal

The Independent UK

US ‘keen to do a deal’, says Chancellor ahead of trade talks

Rachel Reeves has travelled to the US capital for the International Monetary Fund’s spring meetings of G7 and G20 finance ministers.

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International Business Times

US Treasury Chief Says IMF, World Bank Must Be 'Fit For Purpose'

The International Monetary Fund and the World Bank "must be made fit for purpose again," US Treasury Secretary Scott Bessent said Wednesday, arguing the institutions should be promoting economic growth instead of social issues.

The Guardian - UK

Rachel Reeves dashes hopes of early breakthrough in UK-US trade deal

Chancellor says UK is ‘not going to rush a deal’ and rejects new US demands on agricultural products

The Independent UK

Reeves signals UK could lower tariffs on US car imports in bid to secure Trump trade deal

The chancellor is in Washington DC as pressure mounts over dire IMF predictions of the effect on Britain’s economy if Trump goes ahead with his tariffs

The Guardian - US

Stock markets rise as Trump backtracks on high China tariffs and firing Fed chair

Weeks of tough talk from the US president, who now says he will be ‘very nice’ to China, had rattled investors

The Independent UK

Treasury Secretary Scott Bessent says China has ‘opportunity for a big deal’ with US as trade war appears to cool

The Treasury Secretary says the U.S. and China can work together to ‘rebalance’ their respective economies

Fortune

Scott Bessent says China must move away from export overcapacity and American overreliance: 'Everyone knows it needs to change'

Treasury Secretary Scott Bessent, in remarks to the Institute of International Finance on Wednesday, said, “America first does not mean America alone,” sharing that more than 100 countries have come to the table to talk trade deals.

MarketBeat

Qualcomm’s Range Narrows Ahead of Earnings as Bulls Step In

Qualcomm continues to climb into earnings, with a tightening range and analyst support pointing to bullish momentum at just the right time.

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