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Global markets rally after Trump walks back Powell attacks and Bessent looks for China ‘de-escalation’
Investor optimism built off Bessent's remarks went into overdrive after President Donald Trump told reporters in the Oval ...
Bessent says he expects 'de-escalation' in U.S.-China tariff fight in the 'very near future'
Stocks, already recovering from the prior day's sell off, soared higher on news of the remarks from Trump Treasury Secretary ...
Bessent Expects Tariff Standoff With China to De-Escalate
Supply Lines is a daily newsletter that tracks global trade. Sign up here.Most Read from BloombergTrump Gives New York ‘One ...
Bessent Says He Expects China Trade Tensions Will De-Escalate
Treasury Secretary Scott Bessent said at a closed-door JPMorgan investor summit that he expects trade tensions with China to ...
Commodities: The Door Opens For Tariff De-Escalation
Risk assets staged a recovery yesterday amid growing hopes for a de-escalation in US-China trade tensions. President Trump ...
Bessent believes China impasse over tariffs will de-escalate
Treasury Secretary Scott Bessent told an investor summit Tuesday that he expects the tariff war between the U.S. and China ...
US Treasury chief expects China tariff impasse to de-escalate, offer markets relief: Source
Wall Street’s major indexes jumped after a news report on the US Treasury chief’s comments. Read more at straitstimes.com.
Trump's Top Economic Advisor Sees 'De-Escalation' Of 'Unsustainable' China Trade War
Treasury Secretary Scott Bessent sparked optimism in financial markets Tuesday when he called the tariff-driven trade war ...
Bessent Tells Investors He Expects Trade Tension With China to De-Escalate
Treasury Secretary Scott Bessent on Tuesday reassured attendees of a closed-door JPMorgan investor summit that he expects the ...
Asia markets set to track Wall Street gains on hopes of de-escalation in U.S.-China tensions
U.S. President Donald Trump indicated that final tariffs on Chinese exports to the U.S. “won’t be anywhere near as high as ...
Treasury Secretary Bessent signals possible near-term ‘de-escalation' of U.S.-China tariff fight
NBC News Business and Data Correspondent Brian Cheung discusses possible tariff de-escalation between the U.S. and China and ...
Stocks got a boost on hopes of de-escalation in U.S.-China tariff tensions — but that rally is fading fast
News that Treasury Secretary Scott Bessent said he expects de-escalation in the U.S.-China tariff standoff did give U.S. stocks a boost on Tuesday — just not for long. U.S. stocks wer ...