Scott Bessent
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Business
US could hike tariffs if China backtracks on rare earths, says Bessent
US treasury secretary Scott Bessent said China dominates the rare earth market but has shown itself to be an unreliable…
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Business
China made a ‘mistake’ with rare-earth controls, says Bessent
US treasury secretary Scott Bessent told the Financial Times that China would not be able to pull the same move…
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Business
US treasury’s Bessent says China has approved TikTok transfer deal
ByteDance would hold under 20% in TikTok US to comply with a law ordering shutdown by January 2025 if it…
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Business
China to buy 12 million tonnes of soybeans this season, says Bessent
In 2024, the US exported nearly 27 million tonnes of soybeans to China. (Freepik pic) WASHINGTON: US Treasury Secretary Scott…
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Business
South Korea’s hopes for Asia-Pacific forum take backseat as Trump, Xi come to town
US President Donald Trump and China’s President Xi Jinping eye a deal that could ease trade tensions. (Reuters pic) SEOUL:…
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Business
Asia stocks surge on US-China trade deal breakthrough
Stocks in Japan and South Korea are jumping about 2%, and each is breaching milestones. (File pic) HONG KONG: Asian…
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Business
China to make substantial US soybean purchases, Bessent says
China wielded soybean imports as a major bargaining chip in its trade dispute with Washington, boosting its leverage in recent…
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Business
US treasury secretary signals deal with China on rare earths, soybeans
US Treasury Secretary Scott Bessent said he expected presidents Donald Trump and Xi Jinping to formally announce the deal at…
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