U.S. Treasury Secretary Scott Bessent hailed the progress made with China on tackling fentanyl at trade talks in Switzerland, saying Beijing is "now serious" about the issue. The talks also resulted in the suspension for 90 days of very high tariffs between the world's two largest economies,

U.S. Treasury Secretary Scott Bessent made a striking revelation in a video clip posted Monday, shedding light on how Chinese officials disregarded trade obligations during the presidential administration that preceded President Donald Trump's.

Switzerland’s president has lamented “disappointing” talks with U.S. President Donald Trump’s treasury secretary that did not ease stiff U.S. tariffs on Swiss goods.

US Treasury Secretary Scott Bessent said on Tuesday that “talks in Geneva with China resulted in a mechanism to avoid escalation.”

During the meeting in Geneva, Switzerland, between U.S. officials, including Treasury Secretary Scott Bessent, and a Chinese delegation, “many things” were discussed and “much [was] agreed to,” Trump said. No major breakthrough was announced in ...

U.S. Treasury Secretary Scott Bessent said Tuesday that South Korea put forward "very good" proposals in bilateral talks over trade and other related issues before the Asian country's election cycle kicked off,

Chinese Vice Premier He Lifeng and U.S. Treasury Secretary Scott Bessent resumed talks in Geneva focused on deescalating a trade war.