Economy News Top U S Treasury Officials To Visit Beijing For Economic Talks

US officials blast China's actions on rare earths, urge Beijing to back down

FILE PHOTO: U.S. Trade Representative Jamieson Greer looks on, following a meeting between Chinese Vice Premier He Lifeng and U.S. Treasury Secretary Scott Bessent, on the day of U.S.-China talks on ... Read More

China-US trade deal could be signed next week, US Treasury's Bessent says

The U.S. and China could sign a trade agreement as soon as next week, U.S. Treasury Secretary Scott Bessent said on Thursday following President Donald Trump's meeting with his Chinese counterpart Xi ... Read More

U.S. and China agree to a trade deal 'framework,' treasury secretary says

Scott Bessent told NBC News that President Donald Trump would most likely visit Chinese President Xi Jinping in Beijing early next year. Read More

US Treasury chief says government shutdown is hitting economy

WASHINGTON, Oct 13 (Reuters) - The U.S. federal government shutdown is starting to impact the nation's economy, U.S. Treasury Secretary Scott Bessent said on Monday as the closure entered its 13th day ... Read More

Shutdown could cost US economy $15 billion a week, Treasury says

Bessent earlier estimated cost of shutdown at up to $15 billion a day Bessent says shutdown is cutting 'into muscle' of US economy US Treasury chief says deficit was lower in fiscal 2025 Bessent says ... Read More

US officials blast China's actions on rare earths, urge Beijing to back down

WASHINGTON (Reuters) -Top U.S. officials on Wednesday blasted China's major expansion of rare earth export controls as a threat to global supply chains, but said Beijing could still change course and ... Read More