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."
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
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."
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 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.
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
US Treasury Secretary Scott Bessent on Monday (local time) signalled that Washington is considering "all possible options" for the imposition of sanctions against Russia following a surge in its strikes against Ukraine since last week, describing Russian President Vladimir Putin's actions as