Scott Bessent Signals Willingness To Extend Tariff Pause For 'Good Faith' Negotiations, Trump Thinks Not A 'Necessity'
Thursday, 12 June 2025 () Treasury Secretary Scott Bessent has suggested that the Trump administration may consider extending the current 90-day tariff pause beyond July 9 for the U.S.’s top trading partners. This extension, however, is contingent on the partners’ “good faith” in ongoing trade negotiations. What Happened:…
Donald Trump has revealed details of a “very good” phone call with Chinese President Xi Jinping, signaling a thaw in U.S.-China tensions. Trump said the two leaders have invited each other for..
U.S. President Donald Trump and Chinese President Xi Jinping are expected to speak soon amid escalating tensions over critical mineral trade. Treasury Secretary Scott Bessent confirmed that China may..
Donald Trump’s threat to impose a 50% tariff on EU imports could cost Germany up to €200 billion by 2028, a new report warns. The German Economic Institute says the tariffs, if enacted and matched..