Standing outside his friend’s cupcake shop, he says Donald Trump’s levies are a sign that America feels threatened by China’s rise. America’s power is declining, he says. “To be honest, what you feel in today’s world is that hegemony is very hard to achieve.

U.S. Treasury Secretary Scott Bessent said in a Tuesday speech that the ongoing tariffs showdown with China is unsustainable and expects a “de-escalation” in the trade war between the world’s two larg

Scott Bessent tells investors he expects two countries to reach a deal that would end restrictions on flow of goods

President Trump said Tuesday that the hefty tariff rate on China will significantly be reduced after he negotiates with Chinese President Xi Jinping, expressing optimism about a trade deal. “145

President Trump's aggressive tariff policies against China have severely strained relations, diminishing prospects for a near-term meeting with President Xi Jinping. The escalating trade war, marked by tit-for-tat tariffs,