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Scott Bessent

Scott Bessent

US hits $38 trillion in debt, after the fastest accumulation of $1 trillion outside of the pandemic

Expert warns that the growing debt load over time leads ultimately to higher inflation, eroding Americans’ purchasing power
The Trump administration says its policies are helping to slow government spending and will shrink the nation’s massive deficit

By AP · 23 October 2025

Trump says he expects to reach deal with China on trade, soybeans, possibly nuclear arms

By Reuters · 23 October 2025

Update

Trump ready to meet with China’s Xi in South Korea, Bessent tells CNBC

By Reuters · 15 October 2025

Trump to carry out tariff threats if nations don’t negotiate in ‘good faith,’ US treasury chief warns

By AP · 19 May 2025

US and China to publish details of ‘substantial’ trade talks in Geneva

By AFP · 12 May 2025

Bessent does not back up Trump on China tariff discussions

By Reuters · 27 April 2025

Developing countries should fast-track US trade deals: World Bank president

By AFP · 26 April 2025

In-Focus

Pakistan India Tensions

Pakistan calls for reset in South Asia as dialogue with India hits 11-year freeze

Pakistan says India blocking aid flight to Sri Lanka after cyclone kills over 400

Pakistan condemns Indian minister’s ‘revisionist’ remarks about Sindh province

Islamabad extends airspace ban on Indian aircraft until Dec. 24 as tensions persist

Read more

US Treasury secretary says trade war with China is not ‘sustainable’

By AP · 22 April 2025

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