Mr Bessent's post on X about the outlook for trade talks with China was subsequently deleted. Read more at straitstimes.com.

WASHINGTON: US Treasury Secretary Scott Bessent said on Friday (Aug 1) he believes Washington and Beijing are nearing a ...

In the wake of US President Donald Trump's latest tariff blitz on dozens of economies, China has reiterated a stern warning ...

Canadian Prime Minister Mark Carney said his government was disappointed by Trump’s move to raise the U.S. tariff on goods from America’s northern neighbor to 35% from 25%, effective Friday. Goods ...

Amid Trump’s trade war blitz, any tariff pause extension between the US and China will need the US president’s approval.

Deadline looms, extension stalls without Mr Trump’s go-ahead while China is less willing to offer concessions. Read more at ...

The country, which had a $1.1bn trade surplus with the US, had initially been subject to Trump’s baseline 10 per cent tariff. Todd McClay, New Zealand’s trade minister, said the country’s exporters ...

Duty-free exemption on small packages worth US$800 or less fuelled China’s dominance in the industry – but the model is now ...