U.S. Treasury Secretary Scott Bessent on Tuesday said several large trade agreements were still waiting to be completed, including with Switzerland and Indi

US Treasury Secretary Scott Bessent said on Tuesday that India has been "a bit recalcitrant" in talks with the United States, a week after Donald Trump announced an additional 25% tariff on the South Asian nation's imports.

The current Federal Reserve interest rate is significantly higher than necessary and should be lowered, Treasury Secretary Scott Bessent said on Wednesday.

US Treasury Secretary Scott Bessent fuelled US rate cut hopes yesterday as he piled pressure on the Federal Reserve to act.

Bessent called the deal "unique," before suggesting that it could be a lot less unique soon. Scholars have another word: unprecedented.

Treasury Secretary Scott Bessent said the recent deal to allow Nvidia Corp. and Advanced Micro Devices Inc. to resume lower-end AI chip sales to China, on the condition they give the US government a 15% cut of the related revenue,

Treasury Secretary Scott Bessent said the recent deal to allow Nvidia Corp. and Advanced Micro Devices Inc. to resume lower-end AI chip sales to China, on the condition they give the U.S.