China Rejects Trump Claim of Tariff Talks With Xi
President Trump said “we’re meeting with China” on tariffs, comments aimed at soothing jittery financial markets. But Chinese officials say no talks have taken place.
It Is Happening Every Day, Every Where
President Trump said “we’re meeting with China” on tariffs, comments aimed at soothing jittery financial markets. But Chinese officials say no talks have taken place.
Treasury Secretary Scott Bessent argued in a speech that the multilateral economic institutions have veered away from their missions.
The Treasury secretary received counsel and criticism from some of his predecessors over President Trump’s policies.
The administration says foreign governments are racing to the United States to negotiate, but exactly which countries might strike a deal — and over what — remains unclear.
Economic turmoil, particularly a rapid rise in government bond yields, caused President Trump to reverse course on the steep levies.
The president also further raised already steep tariffs on China, saying that Beijing should not have retaliated against his earlier trade actions.
The roller coaster of on-again, off-again tariffs have focused attention on the people behind President Trump’s trade strategy. Rob Copeland, a New York Times finance reporter, takes us inside Trump’s tariff team.
Jamieson Greer, the United States trade representative, will tell senators the U.S. is economy is in need of “drastic, overdue change.”
The president’s top advisers acknowledged President Trump’s sweeping tariffs could raise prices but said an economic adjustment that would ultimately benefit American workers was overdue.
President Trump’s announcement went beyond most predictions, showing a greater willingness to follow his instincts even when critics — and some allies — consider failure a likely outcome.