Tariff War: Treasury Secretary Scott Bessent addressed pressing concerns about supply chain shocks and progress on trade deals with key Asian allies.
Amid declining Chinese cargo shipments, Bessent dismissed fears of disruptions, praising U.S. retailers’ preparation.
He hinted at imminent trade announcements with India and ongoing negotiations with South Korea and Japan, emphasizing that election cycles abroad are accelerating—not delaying—talks.
Bessent characterized India as an “easier” partner due to its transparent tariff regime.
The conversation reflects rising urgency in reshaping global trade relationships amid shifting geopolitical currents.
#ScottBessent #TradeDeals #USIndiaTrade #ChinaTariffs #SupplyChain #FairTrade #USJapanRelations #SouthKoreaTrade#USChinaRelations #GlobalEconomy #TradeNegotiations #IndiaTariffs #BidenTradePolicy #RetailSupply #AsiaUSDeals#Geopolitics #InternationalTrade #ElectionsAndTrade #TariffTalks #USAsiaPartnership
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U.S. Treasury Secretary Scott Bessent declined to confirm direct tariff negotiations with China, suggesting that Beijing faces severe economic fallout if current trade barriers persist. Speaking to reporters, Bessent cited potential Chinese job losses in the millions and argued that the U.S. trade deficit puts pressure on China to act. While avoiding specifics on communications, he hinted at the unsustainable nature of China’s tariff stance. Beijing denies ongoing talks. The standoff continues, clouded by diplomatic silence and sharp warnings of economic instability from Washington.
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As Chancellor Rachel Reeves meets her counterpart, US treasury secretary Scott Bessent to discuss an "economic agreement" between the two countries, the latest.. Sky News
President Trump signals a potential rollback of his steep China tariffs, saying they’ll “come down substantially, but won’t be zero.” His comments follow Treasury Secretary Scott Bessent’s prediction of a “de-escalation” in the trade war, calling current rates unsustainable. Trump imposed 145% tariffs on Chinese goods, prompting 125% retaliation from Beijing. As markets rebound and interest rate fears rise, insiders suggest change is coming—but Trump insists, “We’re doing fine with China.” Is a new phase of U.S.-China trade about to begin?
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US Will Drop Ukraine-Russia Peace Efforts If No Progress Within Days: Marco Rubio :: https://www.oneindia.com/international/us-will-drop-ukraine-russia-peace-efforts-if-no-progress-within-days-marco-rubio-4127371.html?ref=DMDesc
Spain's Pedro Sánchez aims for closer trade ties with China amid US tariffs uncertainty
Washington has criticised Spain's outreach to China with Treasury Secretary Scott Bessent saying cosying up to Beijing is like 'cutting your own throat.'
READ MORE : http://www.euronews.com/2025/04/10/spains-pedro-sanchez-aims-for-closer-trade-ties-with-china-amid-us-tariffs-uncertainty
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Credit: euronews (in English) Duration: 01:20Published
Pope Francis died from stroke followed by heart failure, Vatican says
The late pope's passing was announced earlier on Monday morning with bells tolling in Catholic churches from Latin America to Asia and across Rome as the news spread around the world.
READ MORE : http://www.euronews.com/2025/04/22/pope-francis-died-from-stroke-followed-by-heart-failure-vatican-says
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Credit: euronews (in English) Duration: 02:00Published
U.S Trade War: Russian Foreign Minister Sergey Lavrov declared that Moscow won’t chase the U.S. for sanctions relief, despite bilateral trade plunging 95% from its peak a decade ago. Speaking to Kommersant, Lavrov criticized U.S. sanctions as destructive to globalization, saying they’ve only backfired on the West. He emphasized Russia’s pivot towards Asia and the Global South, and stressed economic independence. Former President Trump recently extended U.S. sanctions, citing national security concerns, while hinting at potential relief tied to the Black Sea Grain Initiative.
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U.S. President Donald Trump issues bold warnings against both China and Iran, sending shockwaves across Europe and Asia. His statement, “Will attack Iran for sure if...” has triggered fears of an escalating global conflict. With tensions at boiling point and Trump's aggressive posture, concerns over a potential World War 3 scenario are rising. The international community watches nervously as alliances shift, markets stumble, and diplomats scramble. Trump's confrontational tone has left many questioning: Is the world on the brink of war or just witnessing another round of political brinkmanship?
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Former South Korean President Moon Jae-in indicted on bribery charges
Moon's indictment adds him to a long list of South Korean leaders who have faced trials or scandals at the close of their terms or after leaving office.
READ MORE : http://www.euronews.com/2025/04/24/south-koreas-former-president-moon-indicted-for-alleged-bribery
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Credit: euronews (in English) Duration: 01:00Published
North Korea has issued a chilling warning following the U.S. deployment of B-1B bombers over South Korea, labeling the move a grave provocation. The regime threatened retaliation and hinted at targeting U.S. strategic assets, including long-range bombers. The warning comes just days after Donald Trump praised North Korean leader Kim Jong Un as “a very smart guy,” reigniting tensions and drawing global attention. As the U.S. and South Korea continue joint drills, the Korean Peninsula braces for potential escalation.
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Pacific threatened by cooperation between China, North Korea and Russia says US commander
According to the South Korean military, North Korea has also deployed thousands of troops to support Russian forces in the war against Ukraine.
READ MORE : http://www.euronews.com/2025/04/16/pacific-threatened-by-cooperation-between-china-north-korea-and-russia-says-us-commander
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Credit: euronews (in English) Duration: 01:20Published
Former President Donald Trump has officially ordered urgent tariff negotiations with India, Japan, and South Korea — a bold move signaling a massive shift in U.S. economic strategy. Acting South Korean President Han Duck-soo confirmed the directive following a direct call with Trump. With U.S. tariffs paused and strategic talks kicking off, the Indo-Pacific economic balance is on edge. Will this be the start of a new trade war or the formation of a stronger alliance against China’s growing influence?
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In a powerful Victory Day speech, Russian President Vladimir Putin emphasized the importance of commemorating the defeat of Nazism, calling it a shared legacy for former Soviet republics. Highlighting Russia’s immense sacrifice in securing this victory, Putin declared that the nation will never allow the rise of Nazism, Russophobia, or Anti-Semitism. He unveiled a new Commission aimed at preserving historical memory, honoring heroes, exposing historical lies, and strengthening national pride for future generations. Putin’s remarks reflect a bold stance on safeguarding Russia’s traditional culture and the truth of the past. Watch the full video for the details of his passionate address and the unveiling of this new commission.
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