President Trump hasn’t offered to take down U.S. tariffs on China on a unilateral basis, Bloomberg News quoted Treasury Secretary Scott Bessent as saying. Bessent answered questions from reporters ...

Bloomberg News Now is a comprehensive audio report of today's top stories. Hear the latest news, updated throughout the day, covering global business stories in just a few minutes.

The U.S. has made no unilateral offer to reduce tariffs on China, U.S. Treasury Secretary Scott Bessent said on Wednesday, ...

U.S. stocks were trimming their earlier gains in midday trading on Wednesday after Treasury Secretary Scott Bessent said President Donald Trump hasn’t offered to take down tariffs on China on a ...

China stressed on Wednesday that “equality, respect” are paramount in discussions with the United States amid President Trump ...

Trump and his aides have repeatedly shifted their stance on tariffs in the weeks since the president’s “Liberation Day” ...

President Trump and his team have been aggressive in touting ambitious efforts to strike trade deals. The claims helped spur ...

Treasury Secretary Scott Bessent told reporters Wednesday that high duties imposed by the US and China need to come down ...

CNBC's Megan Cassella reports on news regarding the US and China.

U.S. markets are poised to open with big gains, a clear signs of relief after President Donald Trump said he would not ...

Kilmar Abrego Garcia’s wife says she fears for her safety since the Trump administration deported him to a prison in El Salvador.

Scott Bessent called China’s economic model “unsustainable” as White House officials indicated trade negotiations were ...