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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U.S. President Donald Trump is signaling a tougher stance on Russia as Treasury Secretary Scott Bessent warned that all options remain open for new sanctions amid Moscow’s intensified bombardment of Ukraine. Bessent called Putin’s actions “despicable and defiant,” marking the strongest hint yet of looming economic penalties. Despite Trump’s earlier hopes for diplomacy after his Alaska summit with Putin, frustration is mounting as Russian strikes escalate, fueling speculation that sanctions—or even broader confrontation—could push the U.S. and Russia closer to all-out conflict.
#Trump #Putin #RussiaUkraineWar #USSanctions #ScottBessent #UkraineWar #Geopolitics #WorldWar3 #TrumpVsPutin #BreakingNews #USRussiaTensions #UkraineConflict #MoscowStrikes #DiplomacyFail #GlobalSecurity #TrumpSummit #AlaskaSummit #PutinBombings #USForeignPolicy #RussiaSanctions #WarEscalation #PoliticalDrama #InternationalCrisis #UkraineUpdates #EconomicWar #TrumpThreatens #GlobalOrder #USPolitics #WhiteHouseMoves #KremlinCrisis
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The India-US relationship has entered turbulent waters after US treasury secretary Scott Bessent warned that despite being “very complicated,” the two nations would eventually “come together.” His remarks came as Washington’s additional 25% tariff on Indian goods took effect, punishing New Delhi for buying Russian oil. Combined with earlier duties, tariffs on Indian exports now reach a staggering 50%, hitting garments, jewellery, footwear, and chemicals—impacting over half of India’s $87 billion exports to America. Bessent accused India of “profiteering” off Russian crude and dragging its feet in trade negotiations, while India dismissed the tariffs as “unjustified” and “unacceptable.” External Affairs Minister S Jaishankar bluntly told the West, “If you don’t like it, don’t buy.” Despite rising tensions, Bessent expressed confidence that President Trump and PM Modi’s strong personal ties could eventually heal the rift.
#IndiaUS #TradeWar #ScottBessent #USTariffs #RussianOil #Modi #Trump #IndiaExports #USIndiaRelations #Geopolitics #Jaishankar #GlobalTrade #EconomicWar #TariffShock #USIndiaTensions #IndoUS #TradeDeficit #RussiaOil #DiplomaticClash #BreakingNew
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Trump has officially ruled out Scott Bessent for the next Fed chair, telling CNBC that Bessent “wants to stay where he is.” The decision follows the surprise resignation of Fed Governor Adriana Kugler, giving Trump another opportunity to reshape the Federal Reserve with loyalists. Remaining candidates include Kevin Warsh, Kevin Hassett, and Fed Governor Chris Waller—whom Trump praised as “very good.” With Powell’s term ending in 2026, Trump is considering naming a “shadow chair” to counteract his policies and align the Fed with his low-rate agenda.
#Trump #ScottBessent #FederalReserve #JeromePowell #KevinWarsh #KevinHassett #ChrisWaller #KuglerExit #TrumpFed #InterestRates #EconPolicy #TrumpVsPowell #MonetaryPolicy #USFed #ShadowChair #FedChairRace #TrumpEconomy #Bessent #TrumpAdmin #WhiteHouseMoves #TrumpNominees #BreakingNews #CNBCInterview #Trump2025 #FedPolitics #RateCuts #PowellCriticism #USMarkets #TrumpLoyalists #FederalBoard #EconShakeup
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US and China prepare to extend tariff pause after Stockholm talks
US Treasury Secretary Scott Bessent says President Trump must approve the pause before it can go ahead.
READ MORE : http://www.euronews.com/2025/07/30/us-and-china-agree-to-extend-tariff-pause-after-stockholm-trade-talks
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Credit: euronews (in English) Duration: 01:10Published
Slovak Prime Minister Robert Fico met Russian President Vladimir Putin in Beijing, delivering a stark warning that Ukraine’s membership in NATO is unacceptable. While supporting Ukraine’s EU ambitions, Fico emphasized that NATO’s doors must remain closed, signaling growing tensions between Kyiv, Moscow, and European capitals. The meeting also touched on energy security, WWII memorial cooperation, and Russia’s ongoing responses to strikes on its infrastructure. Fico’s remarks have sparked debates across Europe as Zelensky’s NATO hopes face renewed challenges.
#Ukraine #NATO #Russia #Putin #RobertFico #BeijingSummit #EU #Kiev #Zelensky #UkraineConflict #Geopolitics #Europe #MilitaryTensions #InternationalRelations
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Xi Jinping welcomes Vladimir Putin for talks in Beijing
Chinese President Xi Jinping and Russian President Vladimir Putin continued a day of talks in Beijing on Tuesday, walking together outside Xi’s residence after a tea ceremony.
READ MORE : http://www.euronews.com/2025/09/02/xi-jinping-welcomes-vladimir-putin-for-talks-in-beijing
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Credit: euronews (in English) Duration: 01:00Published
Russian President Vladimir Putin visits Chinese President Xi Jinping at his private residence in Zhongnanhai, Beijing, for extended talks. The leaders shared tea, took a leisurely walk, and discussed multilateral cooperation across UN, SCO, BRICS, and G20 platforms. Over 20 bilateral agreements were signed, highlighting growing Russia-China strategic and personal ties. Analysts say the close bromance signals a new era of global power alignment and coordination, as both nations strengthen their influence on the world stage.
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Credit: euronews (in English) Duration: 00:50Published
At the #SCOSummit2025 in Tianjin, Pakistan’s PM Shehbaz Sharif faced a major diplomatic embarrassment as he was completely ignored by world leaders. While Indian PM Narendra Modi and Russian President Vladimir Putin shared warm greetings and an animated conversation, Sharif was left standing alone, seeking attention from Chinese President Xi Jinping—who walked past him without acknowledgment.
This viral moment has sparked memes and debates online, highlighting Pakistan’s dwindling influence in global diplomacy. Witness the awkwardness, the memes, and how Modi and Putin’s camaraderie overshadowed Sharif at the summit.
#SCOSummit2025 #ModiPutin #ShehbazSharif #DiplomaticFail #XiJinping #ViralVideo #PakistanEmbarrassed #GlobalPolitics #ModiVsSharif #SCOChina #WorldLeaders #InternationalDiplomacy #MemesAlert #PoliticalDrama #TianjinSummit #IndiaRussia #AwkwardMoments #PowerMoves
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Trump declared that his tariffs are having a devastating impact on China’s economy, claiming that factories are shutting down and cargo ships are "turning back." Speaking with visible satisfaction,..
U.S. Treasury Secretary Scott Bessent has admitted that the ongoing tariff war with China, sparked by President Donald Trump's massive 245% tariffs, is "unsustainable."..
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..