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Empty Shelves? US Official Not Concerned 'At Present' Over Tariff Impact
US Treasury Secretary Scott Bessent said Monday he was not concerned "at present" about American stores potentially running out of items due to President Donald Trump's tariffs.
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"India Would Be One Of First Trade Deals We Sign": US Treasury Secretary
US Treasury Secretary Scott Bessent on Monday said many top US trading partners had made 'very good' proposals to avert US tariffs, and one of the first deals to be signed would likely be with India.
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India Could Be The First Country To Sign Trade Deal With US To Avoid Tariffs
Currently, the 26% reciprocal tariff on India that the US imposed is on a 90-day suspension. The pause will expire on July 8th. However, India does face a 10% tariff as other nations per the US trade policy.
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IMF, World Bank "Must Be Made Fit For Purpose Again": US Treasury Chief
The International Monetary Fund and World Bank "must be made fit for purpose again," US Treasury Secretary Scott Bessent said Wednesday, arguing the institutions have strayed from their initial missions.
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"Big Deal To Be Done" With China "At Some Point", Says US Treasury Chief
Treasury Secretary Scott Bessent on Monday said there was no reason that the US and Chinese economies had to cleave apart, saying a deal could be done even as the two economic powerhouses trade tariff threats.
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Opinion: Aura Of US Treasury Bonds Is Slipping Away
The erosion of trust in US treasury bonds could have seismic consequences.
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US Sanctions Indian National, 2 Entities For Transporting Iranian Petroleum
Jugwinder Singh Brar owns multiple shipping companies that boast a fleet of nearly 30 vessels, many of which operate as part of Iran's "shadow fleet", the US Department of the Treasury said.
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"His Strategy All Along": US Treasury Secretary On Trump Tariff Pause
US President Donald Trump paused a major part of his tariff plan after sharp declines in the stock and bond markets and growing pressure from business leaders, lawmakers and global allies.
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US Says India Is "Front' In Trade Negotiations
US Secretary of the Treasury Scott Bessent addressed the immediate increase in tariffs of 125% on China, stating that the issue is not just about the country but also about "bad actors" in global trade during a press briefing at the White House.
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"Don't Retaliate": US Treasury Secretary Warns Against Trump Tariff Retaliation
US Treasury Secretary Scott Bessent on Wednesday warned trading partners that any retaliation to the barrage of new tariffs from the White House would only result in further escalation.
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Tether to Audit Its Reserves with a Big Four Firm as Trump Puts Crypto in the Spotlight
Tether is seeking a Big Four accounting firm to audit its asset reserves. CEO Paolo Ardoino stated that Tether's stability comes from full backing by dollar-denominated reserves and that President Trump’s pro-crypto stance has motivated the company to pursue this long-overdue audit.
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Coinbase Collaborates with Global Government Agencies as Trump Pushes Crypto into the Spotlight
Coinbase announced plans to expand awareness and educational initiatives while offering portfolio and treasury management services for government clients. According to CEO Brian Armstrong, the exchange is currently collaborating with 145 US government entities to support crypto custody and trading.
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US SEC to Move Away from Requiring Crypto Firms to Register as Trading Systems, Chief Says
The acting chief of the US Securities and Exchange Commission (SEC) said on Monday he has directed staff to look at ways to abandon a plan that would have widened the definition of alternative trading systems to include some cryptocurrency firms.
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US Penny Costs 4 Cents To Make. But For Souvenir Sellers, It's A Living
Donald Trump talks of big change in his second term of office. But he's not forgetting small change, either.
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Chinese Hackers Indicted In US For Treasury Breach, Other Attacks
Twelve Chinese nationals, including two public security ministry officers, have been indicted for a series of hacking attacks, including a 2024 breach of the US Treasury, the Justice Department said Wednesday.
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Empty Shelves? US Official Not Concerned 'At Present' Over Tariff Impact
US Treasury Secretary Scott Bessent said Monday he was not concerned "at present" about American stores potentially running out of items due to President Donald Trump's tariffs.
-
"India Would Be One Of First Trade Deals We Sign": US Treasury Secretary
US Treasury Secretary Scott Bessent on Monday said many top US trading partners had made 'very good' proposals to avert US tariffs, and one of the first deals to be signed would likely be with India.
-
India Could Be The First Country To Sign Trade Deal With US To Avoid Tariffs
Currently, the 26% reciprocal tariff on India that the US imposed is on a 90-day suspension. The pause will expire on July 8th. However, India does face a 10% tariff as other nations per the US trade policy.
-
IMF, World Bank "Must Be Made Fit For Purpose Again": US Treasury Chief
The International Monetary Fund and World Bank "must be made fit for purpose again," US Treasury Secretary Scott Bessent said Wednesday, arguing the institutions have strayed from their initial missions.
-
"Big Deal To Be Done" With China "At Some Point", Says US Treasury Chief
Treasury Secretary Scott Bessent on Monday said there was no reason that the US and Chinese economies had to cleave apart, saying a deal could be done even as the two economic powerhouses trade tariff threats.
-
Opinion: Aura Of US Treasury Bonds Is Slipping Away
The erosion of trust in US treasury bonds could have seismic consequences.
-
US Sanctions Indian National, 2 Entities For Transporting Iranian Petroleum
Jugwinder Singh Brar owns multiple shipping companies that boast a fleet of nearly 30 vessels, many of which operate as part of Iran's "shadow fleet", the US Department of the Treasury said.
-
"His Strategy All Along": US Treasury Secretary On Trump Tariff Pause
US President Donald Trump paused a major part of his tariff plan after sharp declines in the stock and bond markets and growing pressure from business leaders, lawmakers and global allies.
-
US Says India Is "Front' In Trade Negotiations
US Secretary of the Treasury Scott Bessent addressed the immediate increase in tariffs of 125% on China, stating that the issue is not just about the country but also about "bad actors" in global trade during a press briefing at the White House.
-
"Don't Retaliate": US Treasury Secretary Warns Against Trump Tariff Retaliation
US Treasury Secretary Scott Bessent on Wednesday warned trading partners that any retaliation to the barrage of new tariffs from the White House would only result in further escalation.
-
Tether to Audit Its Reserves with a Big Four Firm as Trump Puts Crypto in the Spotlight
Tether is seeking a Big Four accounting firm to audit its asset reserves. CEO Paolo Ardoino stated that Tether's stability comes from full backing by dollar-denominated reserves and that President Trump’s pro-crypto stance has motivated the company to pursue this long-overdue audit.
-
Coinbase Collaborates with Global Government Agencies as Trump Pushes Crypto into the Spotlight
Coinbase announced plans to expand awareness and educational initiatives while offering portfolio and treasury management services for government clients. According to CEO Brian Armstrong, the exchange is currently collaborating with 145 US government entities to support crypto custody and trading.
-
US SEC to Move Away from Requiring Crypto Firms to Register as Trading Systems, Chief Says
The acting chief of the US Securities and Exchange Commission (SEC) said on Monday he has directed staff to look at ways to abandon a plan that would have widened the definition of alternative trading systems to include some cryptocurrency firms.
-
US Penny Costs 4 Cents To Make. But For Souvenir Sellers, It's A Living
Donald Trump talks of big change in his second term of office. But he's not forgetting small change, either.
-
Chinese Hackers Indicted In US For Treasury Breach, Other Attacks
Twelve Chinese nationals, including two public security ministry officers, have been indicted for a series of hacking attacks, including a 2024 breach of the US Treasury, the Justice Department said Wednesday.
