Key Takeaways Treasury Secretary Scott Bessent said the U.S.-China tariff war is "unsustainable" and will likely "de-escalate."Bessent's comments fueled a stock market rally due to the prospect of a ...
Bessent Says U.S.-China Trade Embargo to End in the Very Near Future
According to a person in the room, Bessent said the goal is not for the U.S. and China to decouple their economies.
Bessent Says U.S.-China Trade Embargo to End in the Very Near Future
According to a person in the room, Bessent said the goal is not for the U.S. and China to decouple their economies.
Exclusive: ‘China Track’ bank netting system shields Russia-China trade from Western eyes
Major Russian banks have set up a netting payments system dubbed "The China Track" for transactions with China, aiming to reduce their visibility to Western regulators and mitigate the risk of ...
Exclusive: ‘China Track’ bank netting system shields Russia-China trade from Western eyes
Major Russian banks have set up a netting payments system dubbed "The China Track" for transactions with China, aiming to reduce their visibility to Western regulators and mitigate the risk of ...
US stocks extend gains with Dow up 1,000 points on trade war progress with India and China
U.S. stocks extend gains in early afternoon on signs of trade war progress. The blue-chip Dow rose 1000 pts. Tesla earnings are due after the close.
US stocks extend gains with Dow up 1,000 points on trade war progress with India and China
U.S. stocks extend gains in early afternoon on signs of trade war progress. The blue-chip Dow rose 1000 pts. Tesla earnings are due after the close.
China rolls out plan to promote its own payment system as US trade war simmers
The country aims to reduce its reliance on the dollar-based global financial system as it confronts Washington’s aggressive trade policies.
China rolls out plan to promote its own payment system as US trade war simmers
The country aims to reduce its reliance on the dollar-based global financial system as it confronts Washington’s aggressive trade policies.
White House: Trump ‘setting the stage for a deal with China’
The White House said Tuesday that it was “setting the stage for a deal with China” on trade as administration officials seek to reassure nervous financial markets and investors that progress with ...