Bessent spoke at the House Appropriations subcommittee about the latest tariff negotiations and claimed the U.S. was in negotiations with 17 trade partners. However, he noted that one major trade partner has not spoken to the U.S. yet.

Russia-Ukraine: President Trump was expected to speak with President Vladimir V. Putin of Russia on Monday morning and push him to accept a cease-fire in Ukraine, a day after Russian forces launched one of their biggest drone bombardments of the war.