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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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
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Pakistan Welcomes Trump's Offer To Mediate Kashmir Dispute, Says Islamabad Dedicated To 'Promote Peace' :: https://www.oneindia.com/international/pakistan-welcomes-trumps-offer-to-mediate-kashmir-dispute-says-islamabad-dedicated-to-promote-pea-4150395.html?ref=DMDesc
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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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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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Tensions flare in the South China Sea as British warship HMS Spey boldly challenges China's sweeping territorial claims. In a direct confrontation backed by NATO principles, the Royal Navy asserts international law and freedom of navigation. As Beijing condemns the operation as “destabilizing,” London doubles down on its Indo-Pacific presence. Will this bold move escalate the ongoing power struggle in Asia’s most volatile waters?
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Xi Jinping warns that “bullying” and “hegemonism” in global trade will backfire, criticizing U.S. trade policies. Speaking at a Latin American summit in Beijing, Xi emphasized that no one wins in a tariff war, advocating for unity and cooperation. His comments follow a temporary truce in the U.S.-China trade conflict, where both nations agreed to significantly reduce tariffs. With China scaling back levies on U.S. imports and the U.S. agreeing to lower tariffs on Chinese goods, Xi framed China as a defender of free trade and global fairness.
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China has issued a stern warning to the United States, urging Washington to “stop smearing and shifting the blame” over the ongoing fentanyl crisis. Despite a recently announced 90-day tariff reduction deal, tensions remain high as Beijing calls U.S. fentanyl-related policies unreasonable and harmful to bilateral cooperation. China reiterated that it does not bear responsibility for America’s opioid epidemic and called for respectful, equal, and constructive dialogue moving forward. While U.S. Trade Representative Jamieson Greer insists efforts will continue, Beijing's frustration could derail further negotiations.
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As U.S. trade tensions mount, China is strengthening its grip on Latin America. At the China-CELAC Forum in Beijing, leaders from across the region gathered, with many deepening their commitment to China’s Belt and Road Initiative. With two-thirds of Latin American countries already on board, China has become the top trading partner for major economies like Brazil and Peru. Meanwhile, Trump's tariff threats and warnings over the Panama Canal have driven mistrust. China now positions itself as the reliable partner Latin America can count on.
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Trump hails 'great progress' as US-China trade talks in Geneva continue
The lead US negotiator described “a great deal of productivity” in resolving US-China trade differences after two days of talks in Switzerland, following Trump’s tariffs and Beijing’s retaliation.
READ MORE : http://www.euronews.com/2025/05/11/us-says-to-have-made-substantial-progress-during-its-two-day-talks-with-china-on-tariffs-d
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Credit: euronews (in English) Duration: 01:20Published
The trade war between the U.S. and China has reached new heights. In response to President Donald Trump's decision to raise tariffs on Chinese goods to 145%, China has retaliated by increasing its own tariffs on U.S. imports to a staggering 125%. With both sides digging in, the global economy is bracing for more turbulence. As tensions mount between the world’s two largest economies, the future of international trade hangs in the balance. Watch the latest developments in this escalating economic conflict.
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The U.S.-China trade war has hit new highs as Trump’s tariff rate on Chinese imports surges to 145%, triggering fierce retaliation from Beijing. China’s Commerce Minister is seeking new markets in Europe, Africa, and the Middle East, signaling a potential global realignment. With tensions rising, both nations are locked in a tit-for-tat spiral that’s threatening to push the global economy toward recession. Once calm, China now warns it "won’t flinch" in this economic battle. The world watches as two economic giants fight it out on the global stage.
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Trump Calls Modi ‘Smart PM, Great Friend'–But Slams India’s High Tariffs! US-India Trade War to End?
Former U.S. President Donald Trump has once again praised Indian Prime Minister Narendra Modi, calling him a “smart man” and a “great friend,” while expressing optimism that the ongoing India-US tariff negotiations will work out “very well.” However, Trump also criticized India for being one of the “highest-tariffing nations in the world” and imposed reciprocal duties last month. How will India-US Tariff Talks turn now, remains to be seen.
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