The Latest Breaking News from Scott Bessent

The US President put a 90-day pause on his exorbitant tariffs because investors were ‘getting yippie’ over US Treasury sell-offs

In today’s newsletter: White House officials send mixed messages over Trump’s stunning U-turn

Donald Trump has hit pause on his global tariff spree — for 90 days, at least. But don’t mistake this for a full-on retreat. Think of it more like an intermission in a chaotic play where everyone’s still yelling at each other backstage. Let’s break down why Trump made this…

Wall Street stocks tumbled again as investors remain jittery while former US treasury chief criticises Trump’s economic policy

It ended not with a bang, but with US President Donald Trump and two top aides writing a social media post.

‘Pigeons have better pattern recognition than you do, Bill’

‘I want to tell you right now that Donald Trump outsmarted the world,’ Charles Gasparino said. ‘But that's not really what happened here’

The bond market is sending concerning signals as the Trump administration executes its rapid reordering of global trade relationships.

Stock markets rebounded following the announcement that tariffs would ratchet down to a 10% universal levy, except for China.

Hedge funds typically profit handsomely from the $1 trillion “basis trade,” but the Federal Reserve could be forced to step in as yields surge.

The three-month pause comes after trillions evaporated from the stock market over the course of a market-melting start to the week.