News

Bessent Says $2 Billion Cut From IRS Technology Budget Without Disruptions
WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent on Tuesday said the Trump administration has cut $2 billion from ...
The Edge Singapore2d
Bessent touts US as ‘premier destination’ for global capital
The United States is the premier destination for international capital,” Bessent said in remarks prepared for delivery at the ...
MSNBC on MSN3d
‘The economy will be smaller’: Fmr. Treasury Dept. official on Trump’s China tariffs
President Trump renewed his demand for the Federal Reserve to lower interest rates after reports of a shrunken GDP. Yale Law Professor and former counselor to Treasury Secretary Janet Yellen, Natasha ...
China Daily5d
Beijing assessing Washington offer for trade negotiations
China said on Friday it is evaluating the possibility of trade talks with the United States, in the first and clearest ...
MoneyWeek5d
What will the unravelling of US-China trade mean for the economy?
Bilateral trade was worth $582 billion in 2024. The US imports $41 billion worth of smartphones a year from China, or 73% of imports in the category. With laptops, it’s $32 billion at 66%.
Yellen warns US recession risk is ‘way up’ after Trump’s tariffs
Yellen — who also served as Treasury Secretary under Joe Biden — is the latest to warn of a rising risk of recession after US ...
Trump’s tariffs are starting to hammer Chinese exporters
If the tariffs remain in place, the WTO expects that Chinese goods exports to America, worth about $440bn last year, will ...
The Vietnam War ended 50 years ago, but the battle with Agent Orange continues
The Vietnam War ended 50 years ago but the disaster unleashed by American use of Agent Orange continues unabated.