Scott Bessent

New Business

Free trade ‘essential’: China’s He Lifeng warns Western reshoring threatens supply chains

China’s top trade negotiator has criticised Western efforts to de-risk and reshore manufacturing, presenting the world’s second-largest economy as a…

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New Business

Did Trump get his ‘Big Beautiful Bill’ at the US dollar’s expense?

The passage of a sprawling budget bill has raised concerns over the long-term debt of the United States, which analysts…

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New Business

China, US reach agreement on export controls as trade talks bear fruit

China said on Friday that it would review and approve export applications for controlled items while the US would also…

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New Business

China, US reach a ‘done deal’, Trump says, pending sign-off by President Xi

China and the US have reached a “done deal” that includes rare earth exports from China and Chinese students attending…

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New Business

Lutnick says US-China trade talks could spill into a third day

US Commerce Secretary Howard Lutnick said trade talks with China – under way in London since Monday – may spill…

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New Business

US vows reprieve on some tech export restrictions as talks with China begin in London

Top economic officials from Washington and Beijing have launched a high-stakes round of trade talks in London, with a senior…

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New Business

Macroscope | Money talks and Trump should pay attention to Asia’s bond markets

For all of US President Donald Trump’s public bellicosity, it is money that talks – more softly but more powerfully,…

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New Business

Moody’s downgrade, US debt fears unsettle markets, reviving mini ‘sell America’ trade

Investors faced yet another bumpy start to the trading week with US assets coming under fresh pressure, although it’s mounting…

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New Business

China cuts US Treasury stockpile, dropping to No 3 spot among foreign holders

China cut its stockpile of US Treasuries in March, before its trade war with US President Donald Trump escalated, stepping…

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New Business

Hong Kong prepares for a grand homecoming as mainland firms face US delisting threats

In the second instalment of a three-part series on financial decoupling between China and the US, experts tell the Post…

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