Trump, Scott Bessent and EU
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US Treasury Secretary Scott Bessent said the Trump administration paused plans to create a sovereign wealth fund as the president prioritizes paying down the national debt.
Treasury Secretary Scott Bessent conceded on Sunday that President Donald Trump’s tariffs could increase prices for consumers. Walmart CEO Doug
The European Union’s top economic official, Valdis Dombrovskis, is scheduled to meet U.S. Treasury Secretary Scott Bessent on Thursday, at a gathering of economic policymakers in Canada. Dombrovskis said he would raise "trade points and the importance of making progress in EU-U.
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"So, if we were to give too much certainty to the other countries, then they would play us in the negotiations," Bessent said of ongoing trade talks.
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There are 18 “important” trading partners that the United States is most focused on solidifying deals with, Bessent said. He did not say how quickly tariff rates could revert to “reciprocal” rates.
Treasury Secretary Scott Bessent said he's "very optimistic" that Germany can help the U.S. push the European Union on negotiations over tariffs. "My sense is over the next couple of weeks we're going to have several large deals announced,
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‘A Big, Beautiful Rebalancing’: Scott Bessent Goes On Delusional Rant About Trump’s Economic Record During Sad InterviewDuring an interview with Bloomberg U.S. Secretary of the Treasury Scott Bessent went on a delusional rant about President Donald Trump's economic record.