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The Latest Breaking News from Scott Bessent

IMF warns on risks to global economy amid tariff trade shock – as it happened

Live, rolling coverage of business, economics and financial markets as economists say ‘risks to the global economy remain firmly to the downside’ amid Donald Trump’s trade war

The Guardian - UK

Trump denies seeking summit with Xi, says he ‘may’ visit China

US president says he will visit China only at the invitation of Chinese leader.

Al Jazeera

Asian shares mostly slip as focus shifts to US talks with China

Asian shares are mostly lower as some of the euphoria fizzles out over a tariff deal with Japan as proposed recently by President Donald Trump

The Independent UK

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Trump-Xi Meeting On Horizon As US-China Hold Marathon 5-Hour Trade Talks In Stockholm

Top economic officials from the United States and China met in Stockholm on Monday to discuss extending the trade truce between the two nations. This meeting is crucial as it aims to resolve ongoing economic disputes that have been central to the trade war between these global economic powerhouses.

Benzinga

US and China to Clash in Sweden: Will Trade Truce Survive Beyond August?

US and China negotiate in Stockholm on 28 July 2025 to extend tariff truce, addressing fentanyl tariffs and rare earths, with global trade at stake.

International Business Times UK

US and China officials meet in Stockholm to discuss how to ease trade tensions

Top trade officials from China and the United States have arrived in Stockholm for a new round of talks aimed at easing trade tensions

The Independent UK

US and China to talk in Stockholm as trade truce expiration nears

The talks are a precursor to a potential autumn meeting between US President Donald Trump and Chinese leader Xi Jinping.

Euronews

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US-China Set To Meet With Extension Of Tariff Pause On The Cards

Top economic officials from the United States and China are set to renew negotiations Monday -- with an extension of lower tariff levels on the cards -- as President Donald Trump's trade policy enters a critical week.

International Business Times

Trump's Fentanyl Tariffs In Beijing's Crosshairs As China, US Reportedly Set To Meet For Stockholm Trade Talks

Amid ongoing trade tensions, top officials from the United States and China are scheduled to meet in Stockholm to address pressing trade issues.

Benzinga

US and China to talk in Stockholm on trade with eye on Trump-Xi summit later this year

U.S. and Chinese officials are meeting in Stockholm to discuss trade tariffs and a potential summit between their leaders

The Independent UK

Trump scores another big trade deal after securing promise of massive investment, but China will be less willing to cave, analyst says

“The biggest piece in the trade deal puzzle still remains, and the Chinese are unlikely to be as willing to fold.”

Fortune

U.S. and EU reach a trade deal that sets 15% tariff rate and pledges hundreds of billions in investments

Trump said the EU will invest $600 billion in the U.S. and buy $750 billion worth of U.S. energy products.

Fortune

TACO not on the menu: Howard Lutnick says tariffs start August 1 with no extensions

The president is in Scotland, where he plans to discuss trade with the EU Commission chief

The Independent UK

Trump's Economic Impact, Ackman's Support For Capital Reform And Wall Street's Tariff Predictions: This Week In Economy

The past week has been a whirlwind of economic news, with President Donald Trump’s influence on the Federal Reserve and the U.S. economy taking center stage. From former Federal Reserve Chairs’ warning about potential economic damage to record-setting inflows into U.S. assets, the week was filled with significant developments.

Benzinga

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Kiplinger

What CEOs Say About President Trump and Fed Chair Powell

Top opinion-shapers and decision-makers are expressing mixed views on the evolving conflict between the White House and the central bank.

The Independent UK

US-China trade talks: Can China reduce its export dependence?

China's reliance on exports for economic growth will be a key topic in U.S.-China trade talks this coming week in Stockholm

Barchart

S&P Futures Gain on Cautious Optimism Over Trade Deals

September S&P 500 E-Mini futures (ESU25) are trending up +0.13% this morning as investors remain cautiously optimistic that the U.S. may strike more trade deals ahead of President Donald Trump’s August 1st deadline.

Benzinga

Scott Bessent Warns TSMC's $40 Billion Arizona Fab May Only Meet 7% Of US Chip Demand — Blames Building Inspectors, Red Tape For Delays

Treasury Secretary Scott Bessent warned that Taiwan Semiconductor Manufacturing Co.’s (NYSE:TSM) massive Arizona fabrication facility may produce just 7% of America’s semiconductor needs, highlighting regulatory obstacles hampering domestic chip production.

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news in one place.

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Benzinga

Scott Bessent Once Called Tariffs As 'Dog That Didn't Bark,' Now Wall Street Analysts Predict A Less Dramatic 'One-Time' Inflation Hike As August 1 Deadline Nears

The looming deadline for President Donald Trump‘s tariffs has sparked a shift in Wall Street’s predictions. Analysts are now projecting a more moderate increase in inflation, a departure from earlier fears of a significant surge.

Benzinga

Scott Bessant Eyes 'Big, Beautiful Rebalancing' With China — Says Beijing Must Shift Toward Consumption, Teases 'Very Interesting' Purchase Agreements

U.S. Treasury Secretary Scott Bessent says that the United States and China are entering a more constructive phase in trade talks, with the possibility of a broader realignment in their economic relationship.

Barchart

Nasdaq Futures Climb on Upbeat Alphabet Results and Trade Deal Optimism, U.S. PMI Data in Focus

September Nasdaq 100 E-Mini futures (NQU25) are trending up +0.36% this morning as investors cheer forecast-beating quarterly results from Alphabet and remain optimistic that the U.S. may strike more trade deals soon.

International Business Times

US-EU Tariff Talks Progress As Trump Announces Japan Deal

United States and European officials signaled progress in tariff talks Wednesday, after US President Donald Trump announced a pact with Japan and China said its vice premier would attend bilateral negotiations next week.

The Independent UK

The Latest: Trump will reveal ‘AI Action Plan’ shaped by his Silicon Valley supporters

An artificial intelligence agenda formed on the podcasts of Silicon Valley billionaires is now being set into U.S. policy as President Donald Trump leans on the ideas of the tech figures who backed his election campaign

Benzinga

Bill Ackman Supports Capital Reform That Could Bring Fannie And Freddie Back To NYSE

Hedge-fund billionaire Bill Ackman has voiced his support for a proposal to restructure the capital requirements of government-sponsored enterprises (GSEs), Federal National Mortgage Association (OTC:FNMA), Fannie Mae, and Federal Home Loan Mortgage Corporation (OTC:FMCC), Freddie Mac.

The Independent UK

Key things to know about Trump’s ‘massive’ trade deal with Japan

Agreement commits Tokyo to investing $550bn in America and Washington to cutting tariffs on Japanese automobiles to 15 per cent

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