Tag Archives: Scott Bessent

India could become the first country to strike a bilateral trade deal with the United States under President Donald Trump’s push for “reciprocal” tariffs, US treasury secretary Scott Bessent said.Speaking to a group of reporters in Washington on Wednesday, Bessent suggested that negotiations with India were “very close” to a breakthrough, reaching a successful conclusion as the world’s most populous …

The United States on Wednesday launched a fresh attack on China’s economic approach, calling its export driven model “unsustainable,” which harms not only China but also the rest of the world. Speaking at the IIF Global Outlook Forum in Washington, US treasury secretary Scott Bessent stressed rising concerns around trade imbalances that US President Donald Trump hopes to address through …

File photo: US President Donald Trump (Picture credit: ANI) The US treasury department announced Sunday that it will no longer enforce the Corporate Transparency Act (CTA) and its associated Beneficial Ownership Information (BOI) reporting requirements.The decision effectively suspends penalties for US citizens and domestic companies, shifting enforcement efforts toward foreign businesses.The move was welcomed by US President Donald Trump. He …