Scott Bessent

The weariness of European capitals with Washington’s posturing is strengthening Brussels’ search for answers during the final stages of negotiations

The Republican president’s fixation on getting rid of Jerome Powell early and drastically lowering interest rates is putting the US economy at risk

Uncertainty and a rush to negotiate are defining the end of the 90-day pause, which expires Wednesday. Treasury Secretary Scott Bessent says countries that fail to reach an agreement by August 1 will ‘boomerang’ back to ‘Liberation Day’ rates

The US central bank extends the pause as the Republican calls its chair, Jerome Powell, ‘stupid’

The White House says the two leaders might discuss the trade relationship as early as this week, but Beijing remains skeptical

The agreement with China is further evidence of the erratic trade policy of the US president, who presents the solution to a problem of his own making as a triumph

The agreement will serve to maintain aid to Kyiv at a time when the two sides are nowhere near to sitting down to negotiate peace

Pressure from markets and businesses is forcing the US president to back down on issues such as tariffs and his desire to fire the head of the Federal Reserve

The IMF revises global economic forecasts downwards due to Trump’s trade war while the ECB cuts interest rates for the sixth time

On the same day, the Treasury Department sanctioned the two leaders of the criminal organization, a Georgia court indicted them, and the State Department offered $8 million for their capture

The US president surrounds himself with men who share one thing in common: they never criticize him