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The Business Standard

Tuesday
May 20, 2025

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TUESDAY, MAY 20, 2025

Scott Bessent

US Secretary of the Treasury Scott Bessent speaks at the White House, in Washington, US February 3, 2025. Photo: REUTERS/Elizabeth Frantz/File Photo
USA

Trump to carry out tariff threats if nations don't negotiate in 'good faith,': Bessent

He did not say what would constitute "good faith" negotiations or clarify the timing to announce any decisions to return a country to the various rates Trump initially imposed on April 2

US Treasury Secretary Scott Bessent testifies before a House Financial Services Committee hearing on Capitol Hill in Washington, DC, US, May 7, 2025. Photo: REUTERS/Nathan Howard/File Photo
USA

US Treasury's Bessent to attend G7 finance meeting, focus on imbalances

Illustration of 3D-printed miniature model depicting Trump and the Chinese flag, April 17, 2025. Photo: REUTERS/Dado Ruvic
Global Economy

US, China agree to lower tariff levels for 90 days in major breakthrough

Ukrainian Prime Minister Denys Shmyhal looks on as he takes part in the EU-Ukraine Association Council, in Brussels, Belgium April 9, 2025. Photo: REUTERS/Yves Herman/File Photo
Europe

Past US aid to Ukraine not included in minerals deal: Kyiv

Japan's Finance Minister Katsunobu Kato speaks during an interview with Reuters at the Finance Ministry in Tokyo, Japan April 17, 2025. Photo: REUTERS/Issei Kato/File Photo
Global Economy

Japan urges G20 to stabilise markets, warns of US tariff damage

US Secretary of the Treasury Scott Bessent speaks at the White House, in Washington, US February 3, 2025. Photo: REUTERS/Elizabeth Frantz/File Photo
Global Economy

Bessent says China tariffs are not sustainable as US signals willingness to de-escalate

US Secretary of the Treasury Scott Bessent speaks at the White House, in Washington, US February 3, 2025. Photo: REUTERS/Elizabeth Frantz/File Photo
USA

Australia treasurer to meet US Treasury's Bessent amid push for tariff exemption

Key Square Group founder Scott Bessent speaks at a campaign event for Republican presidential nominee and former US President Donald Trump in Asheville, North Carolina, US August 14, 2024. Photo: REUTERS/Jonathan Drake/File Photo
USA

Scott Bessent wins Senate confirmation as US Treasury secretary

Key Square Group founder Scott Bessent speaks at a campaign event for Republican presidential nominee and former US President Donald Trump in Asheville, North Carolina, US August 14, 2024. Photo: REUTERS/Jonathan Drake/File Photo
USA

Trump taps Scott Bessent for Treasury, capping long drama over choice

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