US President Donald Trump signed an executive order for a 'Gold Card' visa programme with fees set at USD 1 million for individuals and USD 2 million for businesses.
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
Following Washington's 50 per cent tariffs on Indian goods coming into effect earlier on Wednesday, US Treasury Secretary Scott Bessent expressed optimism about resolving trade tensions with India, stating, "at the end of the day, we (India and the US) will come together."
US President Donald Trump said his administration has secured historic trade deals with several nations, including the UK, China, Japan and the EU, adding that foreign countries are paying hundreds of billions of dollars into the US treasury, with revenues reaching trillions.
US Treasury Secretary Scott Bessent congratulated Sergio Gor on being appointed as the next Ambassador to India and Special Envoy for South and Central Asian Affairs.
In an interview with CNBC, Bessent said, "Before the war in Ukraine, less than 1% of India's oil came from Russia. Now it is 42%. The system is allowing India to profiteer by buying cheap Russian oil, reselling it, and pocketing $16B in excess profits. This opportunistic arbitrage is unaccep
"I hear some people are accusing India of being 'recalcitrant'. I say, far better to be recalcitrant, than to be tractable, submissive or acquiescent to injustice," Tharoor posted on X.
US Treasury Secretary Scott Bessent on Tuesday (local time) stated that India has been headstrong in their trade negotiations with the US, noting that New Delhi has been "a bit recalcitrant", days after US President Donald Trump announced an additional 25 per cent tariff, citing the count