The Latest Breaking News from Scott Bessent

U.S. Treasury Secretary Scott Bessent defending President Donald Trump's tariff policies, citing the significant surge in stock market since the April announcement of "Liberation Day" tariffs.

Following border skirmishes last year, Thailand will release Cambodian prisoners and Cambodia will begin withdrawing heavy artillery.

Beijing and Washington "can totally find ways to resolve each other's concerns", China's commerce minister said Friday, as officials from both sides were set to meet in Malaysia for trade talks.

US President Donald Trump's trip to Asia which begins Sunday carries significant economic stakes for countries around the region, with multiple tariff deals still pending and a trade dispute simmering between Washington and Beijing.

Treasury Secretary Scott Bessent expressed confidence in the trajectory of the U.S. economy, citing key deflationary trends, tax policy changes, and incoming tax refunds for working Americans.

Tensions between the U.S. and China escalated in the weeks leading up to a possible meeting between U.S. President Donald Trump and Chinese President Xi Jinping

A fresh wave of U.S. sanctions on Russia's largest oil companies, ordered by President Donald Trump, jolted energy markets back to life on Thursday—sparking a crude rally and lifting battered American oil stocks sharply higher.

Amid the federal government shutdown, U.S. gross national debt surpassed $38 trillion as per Treasury data on Wednesday, raising concerns about the nation’s financial stability.

The European Union on Thursday agreed a new sanctions package targeting Russia’s “shadow fleet” of oil tankers and banning imports of Russian liquefied natural gas. The move comes as Ukrainian President Volodymyr Zelensky joins EU leaders at a summit in Brussels to push for more support against Russia’s invasion.