United States Treasury Secretary Scott Bessent has blamed India for "slow-rolling things" in the talks for a Free Trade Agreement and said "the whole trade team has been frustrated with them".
As the deadline for US-Korea trade negotiations approaches on August 1, Seoul is making all efforts to finalise a tariff agreement with Washington, reports Korea Herald.
"Iran's behaviour has left it decimated. While it has had every opportunity to choose peace, its leaders have chosen extremism... Treasury will continue to target Tehran's revenue sources and intensify economic pressure to disrupt the regime's access to the financial resources that fuel its
US lawmakers have urged Treasury Secretary Janet Yellen to investigate six Chinese companies accused of helping Iran bypass sanctions. They say these firms pose national security risks by supporting Iran's military and energy sectors, indirectly funding hostile actions through billions in US
There was no immediate indication whether any progress was made on Saturday during the more than 10-hour meeting between Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng in Switzerland.
US Treasury Secretary Scott Bessent has said that the United States and India made "some very good progress" concerning the trade deal during Vice President JD Vance's visit to the country and some announcements could be made soon.
The US Secretary of the Treasury highlighted the success of US President Trump's negotiating strategy, which he said has brought over 75 countries forward to engage in trade talks.
During the Senate confirmation hearings, US Treasury Secretary-designate Scott Bessent called China an "unbalanced economy," and described the nation as being in a "severe recession."
US Treasury Secretary Janet Yellen and Chinese Vice Premier He Lifeng on Monday engaged in discussions on macroeconomic developments in both nations. Yellen during her discussions also addressed several US concerns, including China's non-market policies.