Bessent's response came after Warren issued a letter voicing concern and requesting answers on why the Trump administration was moving forward with providing Argentina a financial lifeline as its economy struggles, particularly during a US government shutdown, which started on October 1.
Bessant said the Trump administration, while hopeful of progress in the upcoming Trump-Xi meeting in South Korea, will not accept what he described as Beijing's "unworkable and unacceptable" licensing regime.
European Commission President Ursula von der Leyen welcomed a call with US Treasury Secretary Scott Bessent and praised the US sanctions on major Russian oil companies, saying the measures, alongside the EU's 19th package, signal continued transatlantic pressure on Russia over its lack of co
US Treasury Secretary Scott Bessent said he was "optimistic" about trade talks with China and confirmed that "President Trump is a 'go' on that" meeting with Xi Jinping at the APEC summit, despite rising tensions over Beijing's rare earth export restrictions.
US President Donald Trump stated that economic aid to Argentina will depend on whether President Javier Milei remains in power. The US recently finalised a $20 billion currency swap with Argentina, drawing criticism from lawmakers over continued soybean sales to China amid a government shutd
US President Donald Trump met Argentinian President Javier Milei at the White House to discuss a $20 billion currency swap. Trump linked continued US support to Milei's leadership, while Treasury Secretary Scott Bessent said the aid reflected confidence in Argentina's reforms but could ch
US Treasury Secretary Scott Bessent said the US and China had "substantially de-escalated" and that he expected a planned meeting between Trump and Xi at the APEC forum in South Korea in late October to go ahead.
Gurugram (Haryana) [India]/ Subotica [Serbia], October 7: ChemVolt Global, a leading Indian clean energy and storage solutions company, and ElevenEs, Europe's foremost lithium-ion cell technology and manufacturing company, today announced a landmark strategic partnership aimed at acceleratin
According to local US media outlets, Trump and Xi are expected to speak today to discuss a deal to confirm the framework of a deal that would separate the TikTok app from its Chinese owner, ByteDance, to avoid a ban in the United States.
The Trump administration and China have reached a framework deal to keep TikTok running in the US, CNN reported. Treasury Secretary Scott Bessent credited Trump's leadership, saying the agreement balances US security concerns with China's interests. Trump will meet Xi Jinping Friday to final