US Treasury Secretary Scott Bessent also said that the goals set by the GCF were "contrary" to Washington and that it would no longer fund "radical organizations."
President Donald Trump on Friday signed an executive order retroactively lowering tariffs on a range of agricultural imports, including beef, tomatoes, coffee and bananas, with the change taking effect from November 20
US Treasury Secretary Scott Bessent clarified President Donald Trump's recent comments on the H-1B visa reforms, reflecting a more pragmatic approach by the administration on the matter, emphasising that the President's vision is to use 'skilled foreign talent' to train American workers b
US Treasury Secretary Scott Bessent said China's move to restrict rare earth exports "backfired," uniting Western nations to find alternative supplies. After global backlash, Beijing suspended the curbs for a year, but Bessent warned China's leverage over the minerals market is rapidly weake
"The company announces its intention to sell its international assets. The consideration of bids from potential purchasers has been started," Lukoil informed in a statement on Monday
Addressing reporters after the talks, China's international trade representative with the Ministry of Commerce Li Chenggang said a "basic consensus" was reached after a "in-depth and candid discussion".
He Lifeng met with US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer over the weekend on the sidelines of the Association of Southeast Asian Nations (ASEAN) summit in Kuala Lumpur, describing the discussions as "candid, in-depth, and constructive."
"President Trump and President Xi are great friends, and Scott Bessent is really one of the best negotiators there ever was. He's a successful businessman. We're still hopeful that we can get this thing worked out," Hassett said.
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.
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