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Scott Bessent, China

Treasury secretary nominee Bessent favors tax cuts, China tariffs, Russia sanctions

President-elect Donald Trump's Treasury secretary nominee Scott Bessent favors imposing tariffs on China, sanctions on Russia and making 2017 tax cuts permanent.

Bloomberg L.P. · 22h

Treasury Pick Bessent Takes Aim at China, Tax Cuts in Hearing

Good morning. US Treasury pick Scott Bessent targeted China and tax cuts in his confirmation hearing. Rio Tinto and Glencore are said to be in talks on a combination. And Nintendo will unveil its next-generation Switch in April.

U.S. News & World Report · 1d

Trump's US Treasury Pick Bessent Says Extending Tax Cuts a Top Priority

Scott Bessent, U.S. President-elect Donald Trump's choice to head the Treasury Department, on Thursday said that extending Trump's 2017 tax cuts that are set to expire at the end of this year is "the single most important economic issue of the day.

Scott Bessent Made His Way Into Trump's Inner Circle

CBS News on MSN · 22h

Trump treasury pick Scott Bessent calls for stronger Russia sanctions, Fed independence at confirmation panel

Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax policy, tariffs, China, Russia sanctions and the IRS.

USA TODAY on MSN · 23h

Treasury secretary nominee Scott Bessent defends Trump position on fossil fuels

Treasury secretary nominee Scott Bessent said the U.S. is in an "energy race" with China during his confirmation hearing.

The Associated Press on MSN · 1d

Treasury nominee Scott Bessent faces sharp questions from Democrats at confirmation hearing

U.S. Treasury nominee Scott Bessent on Thursday faced sharp questions from Democrats on tax policy, tariffs, China, Russia sanctions and the future of an IRS tax filing system that Republicans have called to be cut.

Bessent: China Will Cut Prices In Response To Tariffs So They Can Continue To "Export Their Way Out Of Economic Malaise"

Scott Bessent told Sen. Ron Wyden, during his confirmation hearing to serve as Donald Trump's Treasury Secretary, he believes ...

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Trump Treasury Sec Nominee Fires Back At Dem Sen Who Tries Gotcha Question On ‘Clean Energy’ Race With China

Secretary of the Treasury nominee Scott Bessent told Democratic Oregon Sen. Ron Wyden that America is not engaged in a ...

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Treasury Nominee Bessent Defends Trump Policies in Testimony; Promises to Press China to Resume Ag Purchases in Phase 1 Agreement

Treasury Secretary nominee Scott Bessent outlined a three-pronged approach to tariffs during his Senate testimony this week, ...

Is China’s GDP Growth Only 2%? Donald Trump Might Want To Find Out

Gao’s sin? Saying that China may have grown just 2% over the last two or three years, less than half the rate Xi’s government ...

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Trump Tariffs Will Not Tame China’s Trade Surplus

Correcting the major imbalances in the global economy will require collaborative international action. If he wants results, ...

Trump 1.0's China trade deal proved disappointing. Bessent suggests taking another stab at it.

Bessent has brought up the Trump 1.0 trade deal that called for Chinese purchases from U.S. farmers -- an agreement that's ...

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Bessent criticises China's economic practices, proposes sanctions on Iran

During the Senate confirmation hearings, Bessent called China an 'unbalanced economy,' and described the nation as being in a ...

Bessent: Fair Trade Has To Balance Free Trade, China Has The Most Unbalanced Economy In History

Donald Trump's nominee for Treasury Secretary Scott Bessent said that fair trade is more important than free trade during a Senate confirmation hearing Wednesday, saying that SCOTT BESSENT: After our ...

11hon MSN

Bessent Clears Senate Grilling, Paving Way for His Confirmation

Treasury Secretary nominee Scott Bessent is on track to be confirmed following a confirmation hearing Thursday lacking the ...

15hon MSN

Nominee for US treasury secretary suggests possible restart of trade talks with China

During his Senate confirmation hearing on Thursday, Scott Bessent, Donald Trump’s choice for US treasury secretary, signalled ...

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