On May 19, 2025, tensions rise between China and the United States as Beijing accuses Washington of undermining a newly negotiated trade …
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Tag:
Scott Bessent
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Business
Wall Street Soars as U.S.-China Tariff Agreement Sparks Market Rally
by Sonia Parkby Sonia ParkU.S. stock markets surge dramatically on May 13, 2025, after the United States and China reach a breakthrough agreement to temporarily slash …
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World
U.S. and China Agree to 90-Day Tariff Rollback in Major Trade War De-escalation
by Sonia Parkby Sonia ParkOn May 12, 2025, the United States and China agree to a 90-day rollback of tariffs, marking a significant turning point in …
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Politics
Treasury Secretary Scott Bessent Embraces Economic Shift Amid Tariff Tensions
by Sonia Parkby Sonia ParkTreasury Secretary Scott Bessent is amplifying President Trump’s message that Americans should brace for a new era of economic adjustment marked by …
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World
Australian Treasurer Advocates for Tariff Exemptions Amid Strengthening US Investment Ties
by Sonia Parkby Sonia ParkIn a concerted effort to shield Australia’s steel and aluminium industries from impending U.S. tariffs, Treasurer Jim Chalmers has engaged in high-level …
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Law & Crime
Justice Department Restricts DOGE Access to Federal Payment Systems Amid Legal Challenges
by Sonia Parkby Sonia ParkThe U.S. Department of Justice (DOJ) is imposing new restrictions on the Department of Government Efficiency (DOGE), limiting its access to federal …
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Politics
Trump Cabinet Confirmation Hearings Update Amid Intense Scrutiny
by Sonia Parkby Sonia ParkSenate confirmation hearings for President-elect Donald Trump’s cabinet nominees are in full swing as lawmakers question several high-profile candidates. The hearings spotlight …