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. President Donald Trump and Chinese President Xi Jinping are expected to speak soon amid escalating tensions over critical mineral trade. Treasury Secretary Scott Bessent confirmed that China may have violated a key agreement, accusing Beijing of withholding essential industrial materials. With global supply chains in jeopardy, aides expect the upcoming call to iron out issues. While no date is confirmed, White House officials are optimistic a conversation is imminent and may clarify the Geneva deal on tariff rollbacks signed last month.
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President Donald Trump has announced a major development in U.S.-China trade talks, revealing that China has agreed to “open up” to U.S. businesses and suspend trade barriers. This comes after a high-stakes negotiation involving top U.S. and Chinese officials, resulting in a 90-day pause on most tariffs. Trump highlighted this as a key breakthrough in the discussions led by Treasury Secretary Scott Bessent and Trade Rep. Jamieson Greer. The agreement is expected to ease tensions and create a temporary window for further economic cooperation between the two global powers.
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Congresswoman Joyce Beatty erupted in a heated exchange with Treasury Secretary Scott Bessent over delays in the Harriet Tubman $20 bill, his alleged crypto ties to DOGE, and the impact of Trump-era tariffs. With high-level U.S.-China trade talks resuming in Switzerland, Beatty’s outburst spotlights growing frustration within Congress. As Bessent touts upcoming trade deals, Beatty accuses the administration of ignoring economic realities and symbolic justice. Watch the dramatic hearing and the fiery debate that could reshape the tariff narrative.
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The United States and Ukraine have signed a landmark deal to share profits from future mineral sales, ending months of tense negotiations. The agreement establishes a joint reconstruction fund and signals long-term U.S. commitment to Ukraine’s sovereignty and recovery. Treasury Secretary Scott Bessent says the deal reflects a broader peace strategy. As the U.S. counters China’s rare earth dominance, Ukraine's vast reserves of lithium, titanium, and graphite become critical. Kyiv calls the deal vital for securing future aid and investment, while Moscow faces new pressure from Washington.
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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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South Korea halts anti-North loudspeaker broadcasts along border to 'restore trust'
The move is the first concrete step toward easing tensions between the rivals under the new government of South Korean President Lee Jae-myung.
READ MORE : http://www.euronews.com/2025/06/11/south-korea-halts-anti-north-loudspeaker-broadcasts-along-border-to-restore-trust
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Credit: euronews (in English) Duration: 01:10Published
Here’s a full content set for your North Korea–Russia alliance story:
North Korean leader Kim Jong Un has pledged “unconditional support” for Russia and President Vladimir Putin during a meeting with Russian security aide Sergei Shoigu in Pyongyang. State media confirmed plans to expand into a deeper “strategic partnership,” defying global sanctions. The meeting comes as South Korea’s President Lee Jae-myung pushes for peace talks, but Kim appears more aligned with Moscow, reportedly even sending troops to aid Russia in Ukraine. Meanwhile, U.S. and allies accuse Russia of helping Kim evade sanctions and supplying him with advanced weapons tech.
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Lee Jae-Myung was officially sworn in as South Korea’s new president after a sweeping snap election victory. In his first address, Lee launched a sharp critique of former U.S. President Donald Trump’s steep tariffs on South Korean steel and aluminum exports, calling for a rebalancing of trade relations. Signaling a shift from his predecessor's hardline stance, Lee promised a renewed push for peace with North Korea, declaring, “No matter how costly, peace is better than war.”
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Liberal Lee Jae-myung wins South Korea's presidential election ending months of political turmoil
The liberal opposition candidate has secured more than 49% of the votes in an election that has seen one of the country’s highest voter turnout, with approximately 80% of the 44 million eligible voters taking to the ballot boxes.
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Credit: euronews (in English) Duration: 02:25Published
India is planning a large-scale diplomatic initiative aimed at exposing Pakistan's continued support for terrorism on the global stage. According to reliable.. DNA
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Assam CM Himanta Biswa Sarma criticized the Congress party for allegedly allowing Pakistan to become a nuclear power, claiming it now uses "nuclear blackmail.".. IndiaTimes
The comments come about a month after India launched 'Operation Sindoor' to destroy nine terror camps operating in Pakistan's Punjab province and.. DNA
Congress has criticised Prime Minister Modi's silence on Donald Trump's repeated claims of brokering a ceasefire between India and Pakistan. Jairam Ramesh.. IndiaTimes
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Xi Mingze, Chinese President Xi Jinping’s only daughter, is back in headlines amid US-China tensions. The Harvard-educated Xi reportedly resides in Massachusetts under tight security. Her speculated..
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