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The Latest Breaking News from Scott Bessent

The IRS interim commissioner was just ousted after Scott Bessent reportedly fussed to Trump that Elon Musk installed the leader behind his back

Gary Shapley was named the new agency leader on Tuesday.

Fortune

Reeves to make case for trade deal in first meeting with US treasury secretary

Chancellor will push for deal that protects British car, steel and pharmaceutical industries amid tariff uncertainty

The Guardian - UK

Trump threatens to abandon Ukraine peace efforts unless deal reached ‘very shortly’

President says US may ‘take a pass’ on brokering agreement as Kyiv signs minerals memorandum

The Guardian - UK

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Leaked: Ukraine and US intend to finalise mineral exploitation deal by end of April

Ukraine and the United States signed a 'memorandum of intent' on Thursday seen by Euronews laying the groundwork to finalise the mineral deal. Key negotiations are expected in Washington between 21-26 April.

Euronews

Ukraine-Russia war latest: Kremlin responds to US threat to abandon peace talks while Kyiv nears Trump minerals deal

Russia claims to be open to talks as one person killed and dozens wounded in Russian strike on Kharkiv

The Independent UK

Trump claims ‘big progress’ in tariff talks with Japan after surprise appearance at negotiations

Japan’s PM says there are still gaps between the two countries’ stances

The Independent UK

Unease Grows Over Trump Tariffs Despite 'Progress' In Japan Trade Talks

Uncertainty over Donald Trump's tariff blitz mounted Thursday after the Fed chief warned of rising prices and "volatility" while "progress" flagged by the US president in talks with Japan lifted markets slightly.

International Business Times

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US imposes sanctions on a Chinese refinery accused of buying Iranian oil

The Treasury Department has imposed sanctions on a Chinese oil refinery that's accused of purchasing more than $1 billion worth of Iranian oil

The Independent UK

JPMorgan CEO Jamie Dimon warns US could lose credibility over Trump trade war

JPMorgan CEO says no country has ‘divine right to success’ in latest caution to president

The Independent UK

China Tells Trump To 'Stop Threatening And Blackmailing'

China told Washington on Wednesday to "stop threatening and blackmailing" after US President Donald Trump said it was up to Beijing to come to the negotiating table to discuss ending their trade war.

International Business Times

Trump Says Ball In China's Court On Tariffs

"The ball is in China's court. China needs to make a deal with us. We don't have to make a deal with them," said a statement from Trump read out by Press Secretary Karoline Leavitt. "There's no difference between China and any other country except they are much larger," she…

International Business Times

What does it mean that Milei ended Argentina's strict controls on currency and capital?

President Javier Milei promised Argentinians that an economic revival would follow the pain of harsh austerity

The Independent UK

Homegrowns Are Next

Plus: Luigi trial, Polis sucking, tariff polling, and more...

Reason

Stocks Rise As Stability Returns, Autos Surge On Exemption Hope

The US president's unorthodox approach to trade diplomacy continues to fuel uncertainty among investors, with speculation over new levies on high-end technology and pharmaceuticals dampening sentiment.

Latin Times

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Fortune

The White House pressed for fast negotiations with its shock and awe tariffs. Now it can’t drum up enough interest from a ‘first mover’

The rhetoric out of Trump’s cabinet on tariffs is changing, with Scott Bessent pushing for a “first mover” to sign on the dotted line for a deal with the U.S.

Fortune

Trump grumbles about China’s ‘lovely meeting’ with Vietnam, saying they're discussing how to ‘screw the United States of America’

Vietnam is Xi Jinping’s first stop on a three-nation Southeast Asia tour, as China and the U.S. escalate their trade war.

Al Jazeera

Why bonds, not stocks, could predict the next economic crisis in the US

A sell-off in US Treasuries has raised fears that investors’ long term confidence in the US economy is waning.

International Business Times

Asian Stocks Mixed As Stability Returns, Autos Lifted By Exemption Hope

Asian stocks were mixed Tuesday as some stability returned to markets after last week's rollercoaster ride, with auto firms boosted by Donald Trump's possible compromise over steep tariffs on the sector.

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The Independent UK

The Latest: Both the US and El Salvador refuse to return wrongly deported man to the US

President Donald Trump’s top advisers and Nayib Bukele, the president of El Salvador, said Monday that they had no basis for the small Central American nation to return Kilmar Abrego Garcia, a Maryland man who was wrongly deported there last month

Fortune

ARK Invest’s Cathie Wood calls Trump tariffs ‘shock therapy’ that could clear the way for freer trade and economic stimulus

After Treasury Secretary Scott Bessent appeared to take the lead on trade negotiations, Wood turned bullish on the president’s tariff regime.

Fortune

Donald Trump’s 29-year-old crypto guru lays out the president’s plans for regulating crypto and rolling back a Biden-era crackdown

Since his appointment, Bo Hines has become a mini-celebrity in the crypto world—with CEOs, billionaire investors, and lobbyists vying for face time.

Fortune

Jamie Dimon argues JPMorgan can help fix bond market chaos

The Treasury market helps the global economy go-round, and Wall Street is watching closely for signs the Fed may need to intervene.

Fortune

As JPMorgan, Wells Fargo and Morgan Stanley beat Q1 expectations, Jamie Dimon says he cares less about the U.S. economy than that the “Western world stays together economically”

Mostly positive bank earnings were clouded by the chaotic start to Q2 and the murky economic outlook.

The Guardian - UK

Trump’s tariff battle with China has ‘echoes of the Vietnam war’, US economist says

Adam Posen, former Bank of England policymaker, compared the tactics to Johnson and Nixon refusing to back down

The Independent UK

White House refuses to provide list of countries it claims reached out with tariff deal

‘They all want to negotiate. The only problem is ... you can only do so many at one time,’ president says

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