Trump Tariff's Pause Humiliating For U.S? Treasury Secretary Scott Bessent On 70 Nation Deal
Video Credit: Oneindia - Duration: 14:51s - Published
Trump Tariff's Pause Humiliating For U.S? Treasury Secretary Scott Bessent On 70 Nation Deal
Treasury Secretary Scott Bessent revealed that the U.S. is gearing up for 70 tariff negotiations with foreign governments following the Trump administration's sweeping overnight tariff hike.
Speaking at the American Bankers Association, Bessent hinted these tariffs are a ceiling—unless countries retaliate.
He warned nations not to pivot towards Beijing to replace lost U.S. trade.
As Bessent cancels Easter plans, Washington braces for a diplomatic traffic jam, signaling a tense chapter in Trump’s hardline trade strategy, now supercharged with global economic consequences and increasing strategic pressure on allies.
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 have violated a key agreement, accusing Beijing of withholding essential industrial materials. With global supply chains in jeopardy, aides expect the upcoming call to iron out issues. While no date is confirmed, White House officials are optimistic a conversation is imminent and may clarify the Geneva deal on tariff rollbacks signed last month.
#Trump #XiJinping #USChinaTrade #MineralsDispute #CriticalMinerals #TradeWar #ChinaTariffs #TrumpXiTalks #GenevaDeal #IndustrialSupply #GlobalTrade #ScottBessent #KevinHassett #WhiteHouse #TradeTensions #ChinaHoldback #BilateralTalks #TradeNegotiations #TariffRollback #BreakingNews
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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.
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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.
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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.
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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.
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Russia strikes Odesa and Zaporizhzhia less than 24 hours after Easter ceasefire ends
Anticipation is building over whether diplomatic efforts can stop more than three years of fighting since Russia’s full-scale invasion of its neighbour.
READ MORE : http://www.euronews.com/2025/04/22/russia-strikes-odesa-and-zaporizhzhia-less-than-24-hours-after-easter-ceasefire-ends
Subscribe to our channel. Euronews is available on Dailymotion in 12 languages
Credit: euronews (in English) Duration: 01:27Published
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