Bessent supports Trump’s gift of a luxury jet from Qatar: ‘The French gave us the Statue of Liberty’
Treasury Secretary Scott Bescent spoke out in defense of the Trump administration’s choice to accept a $400 million luxury jet from Qatar during a Sunday interview on CNN. He compared the gesture to historical gifts, saying, “The French gave us the Statue of Liberty. The British gave us a decisive desk,” in response to queries […]
Bessent cautions that tariffs will go back to ‘Liberation Day’ levels if talks are not sincere.
The Treasury Department cautioned on Sunday that the mutual tariffs on trading partners might revert to the pre-“liberation day” rates from last month if good faith negotiations don’t take place. “I think it could return to the level seen on April 2nd,” Bescent remarked during an appearance on NBC’s “Meeting Kristen Welker,” when asked about […]
Scott Bessent Calls for Complete GOP Backing for Trump’s ‘Major, Impressive Proposal’
Treasury Secretary Advocates for GOP Support of Trump’s Tax Bill Treasury Secretary Scott Bescent is rallying for “full GOP support” for President Donald Trump’s ambitious tax plan, which he refers to as the “Big Beautiful Building,” aiming to prioritize American interests. “With full GOP backing, we’ll see @Potus’ ‘one big beautiful bill’ come to fruition, […]
Kato from Japan announces plans to talk about foreign exchange with US Treasury Secretary Scott Bessent.
The Japanese Finance Minister announced on Friday plans to meet with Secretary Scott Bescent to discuss foreign exchange matters. Kato expressed concerns that significant fluctuations in foreign exchange rates could negatively impact the Japanese economy. Key Statements We will engage with Bessent on FX topics, along with points from our previous discussion.Market forces should dictate […]
Japan’s finance minister Kato plans to talk about currency exchange with Bessent.
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Scott Jennings Provokes Former Biden Aide by Echoing What Scott Bessent Claimed China Informed Him About Biden
Republican strategist Scott Jennings stirred up some tension when he referenced assessments of former President Joe Biden, catching the attention of a former Biden campaign aide. Former President Donald Trump’s recent statement followed a meeting between Treasury Secretary and Chinese officials, indicating that China feels comfortable disregarding Biden’s leadership. This claim, attributed to Bescent, suggests […]
Japan’s finance minister Kato aims to talk about foreign exchange with Bessent.
High risk warning: Forex trading carries significant risks that might not be appropriate for every investor. The use of leverage increases both risk and potential losses. It’s important to carefully assess your investment goals, level of experience, and tolerance for risk before engaging in Forex trading. Be aware that you could lose your initial investment, […]
Bessent optimistic that upcoming US-China trade discussions will set the stage for a more comprehensive deal.
Treasury Secretary Scott Becent mentioned on Monday that he plans to pursue further trade discussions with Chinese officials following a recent meeting in Geneva. However, he didn’t indicate a specific timeline beyond the agreed 90-day suspension on mutual tariffs that was decided over the weekend. “We’ve made significant progress over two days, so I expect […]
Scott Bessent Explains His View on China’s Seriousness in Addressing Fentanyl Flow into the US
China’s Commitment to Address Fentanyl Concerns Treasury Secretary Scott Bessent shared on CNBC that it appears China is genuinely focused on tackling the issue of fentanyl entering the United States, especially following recent trade negotiations. President Trump has imposed a 20% tariff on Chinese goods, linking it to China’s role in the ongoing fentanyl crisis […]
Scott Bessent Reports Significant Advancement in US-China Trade Discussions
On Sunday, Treasury Secretary Scott Becent noted that the Trump administration had made “significant progress” in trade talks with China. Becent, alongside U.S. Trade Representative Jamieson Greer, is engaged in discussions in Geneva, Switzerland, focusing on establishing fairer agreements with China. Becent expressed in a statement: We are happy to announce substantial progress in an […]