Scott Bessent says Trump wants to 'light a fire' under Apple, EU with new tariff threats
Friday, 23 May 2025 () U.S. Treasury Secretary Scott Bessent goes behind-the-scenes on President Trump's new tariff threats on the EU and Apple, announced just minutes apart from one another.
Homeland Security Secretary Kristi Noem praised President Trump’s immigration policies during a Senate Homeland Security Committee hearing on the department’s fiscal budget. Noem credited Trump for curbing illegal immigration and emphasized growing national security threats from China and other...
President Donald Trump has announced a major development in U.S.-China trade talks, revealing that China has agreed to “open up” to U.S. businesses and suspend trade barriers. This comes after a high-stakes negotiation involving top U.S. and Chinese officials, resulting in a 90-day pause on most tariffs. Trump highlighted this as a key breakthrough in the discussions led by Treasury Secretary Scott Bessent and Trade Rep. Jamieson Greer. The agreement is expected to ease tensions and create a temporary window for further economic cooperation between the two global powers.
#Trump #ChinaTradeDeal #USTrade #BreakingNews #China #USChinaRelations #TariffPause #TradeTalks #TrumpChina #MarketOpening
#TradeBreakthrough #BusinessNews #GlobalEconomy #ScottBessent #JamiesonGreer #TrumpSpeech #USMarkets #TradeWar #Ceasefire #WhiteHouse
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Congresswoman Joyce Beatty erupted in a heated exchange with Treasury Secretary Scott Bessent over delays in the Harriet Tubman $20 bill, his alleged crypto ties to DOGE, and the impact of Trump-era tariffs. With high-level U.S.-China trade talks resuming in Switzerland, Beatty’s outburst spotlights growing frustration within Congress. As Bessent touts upcoming trade deals, Beatty accuses the administration of ignoring economic realities and symbolic justice. Watch the dramatic hearing and the fiery debate that could reshape the tariff narrative.
#JoyceBeatty #ScottBessent #TrumpTariffs #Tubman20 #CryptoPolitics #DOGE #TradeTalks #TariffWar #USChina #TradePolicy #TrumpEra #CongressClash #BessentVsBeatty #BreakingNews #TariffDebate #USTR #HarrietTubmanBill #BidenVsTrump #TradeCrisis #ChinaTalks #USPolitics #FinancialHearing #TariffTrouble #CryptoControversy #BeattyRage #GenevaTalks #EconomicDebate #TubmanDelay #TrumpLegacy #FiscalShowdown
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The United States and Ukraine have signed a landmark deal to share profits from future mineral sales, ending months of tense negotiations. The agreement establishes a joint reconstruction fund and signals long-term U.S. commitment to Ukraine’s sovereignty and recovery. Treasury Secretary Scott Bessent says the deal reflects a broader peace strategy. As the U.S. counters China’s rare earth dominance, Ukraine's vast reserves of lithium, titanium, and graphite become critical. Kyiv calls the deal vital for securing future aid and investment, while Moscow faces new pressure from Washington.
#Trump #Ukraine #MineralDeal #RareEarth #USUkraineDeal #ScottBessent #UkraineRecovery #PeaceProcess #ChinaTensions #TradeWar #ReconstructionFund #Graphite #Lithium #Titanium #GlobalMinerals #MilitaryTech #GreenEnergy #TrumpAdmin #DCDeal #UkraineProsperity #SovereignUkraine #USInvestment #UkraineNews #PostWarRecovery #RussiaSanctions #USPolitics #Geopolitics #ResourceWar #EnergySecurity #BreakingNews
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U.S. Treasury Secretary Scott Bessent declined to confirm direct tariff negotiations with China, suggesting that Beijing faces severe economic fallout if current trade barriers persist. Speaking to reporters, Bessent cited potential Chinese job losses in the millions and argued that the U.S. trade deficit puts pressure on China to act. While avoiding specifics on communications, he hinted at the unsustainable nature of China’s tariff stance. Beijing denies ongoing talks. The standoff continues, clouded by diplomatic silence and sharp warnings of economic instability from Washington.
#ScottBessent #ChinaTariffs #USChinaTensions #TradeWar #JobLosses #XiJinping #TrumpAdmin #WhiteHousePress #BeijingEconomy #TariffTalks #EconomicCrisis #USDeficit #TradeDeficit #GlobalTrade #FinancialStability #SupplyChainCrisis #Geopolitics #ChinaJobs #USPolicy #BidenVsChina
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Tariff War: Treasury Secretary Scott Bessent addressed pressing concerns about supply chain shocks and progress on trade deals with key Asian allies. Amid declining Chinese cargo shipments, Bessent dismissed fears of disruptions, praising U.S. retailers’ preparation. He hinted at imminent trade announcements with India and ongoing negotiations with South Korea and Japan, emphasizing that election cycles abroad are accelerating—not delaying—talks. Bessent characterized India as an “easier” partner due to its transparent tariff regime. The conversation reflects rising urgency in reshaping global trade relationships amid shifting geopolitical currents.
#ScottBessent #TradeDeals #USIndiaTrade #ChinaTariffs #SupplyChain #FairTrade #USJapanRelations #SouthKoreaTrade#USChinaRelations #GlobalEconomy #TradeNegotiations #IndiaTariffs #BidenTradePolicy #RetailSupply #AsiaUSDeals#Geopolitics #InternationalTrade #ElectionsAndTrade #TariffTalks #USAsiaPartnership
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Russia will present a draft peace proposal to Ukraine once the ongoing POW exchange of 1,000 prisoners per side concludes, said Foreign Minister Sergey Lavrov. The proposal stems from progress made during the recent Istanbul talks, the first direct negotiations since 2022. Lavrov emphasized that the document outlines conditions for a “lasting comprehensive settlement.” President Putin confirmed that the next step, agreed upon with President Trump, involves a memorandum defining the peace roadmap. Both Moscow and Kiev have committed to resuming talks after draft proposals are exchanged.
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In a major legal showdown, a federal judge just BLOCKED the Trump administration’s explosive move to revoke Harvard University's ability to enroll foreign students — a policy that would have forced over 7,000 international students to transfer or leave the U.S. entirely.
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President Trump warned of imposing 50% tariffs on European Union products, citing stalled trade negotiations. Speaking from the Oval Office, Trump hinted the new tariffs could extend to tech giants like Apple and Samsung, with a possible rollout in late June. While expressing hope for a fair agreement, Trump’s aggressive stance signals escalating tension between the U.S. and EU. Markets and global tech firms are closely watching, as Trump’s trade war rhetoric sharpens once again—this time aimed squarely at Europe.
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President Donald Trump has issued a broad warning to tech companies that manufacture smartphones abroad, declaring that a 25% tariff will apply not just to Apple but to any firm — including Samsung — that doesn’t shift production to the United States. Speaking to reporters, Trump emphasized fairness and announced that the new tariffs are expected to be finalized by the end of June. The move signals a dramatic escalation in his economic nationalism and could have major repercussions on global smartphone pricing and tech supply chains.
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