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US Treasury Secretary Scott Bessent warns Trump tariff ultimatum could light a fire under EU trade negotiations
The remarks followed a meeting of G7 finance ministers in Banff, Alberta, where officials, including European Commission Executive Vice President Valdis Dombrovskis, discussed global economic issues.
Bessent says Trump tariff threat may light a fire under EU in trade talks
Treasury Secretary Scott Bessent said on Friday that President Donald Trump does not believe that the European Union's trade offers to the United States are of sufficient quality and that he hopes that a June 1 50% tariff threat will "light a fire under the EU" in negotiations with Washington.
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"So, if we were to give too much certainty to the other countries, then they would play us in the negotiations," Bessent said ...
Treasury Secretary Scott Bessent said Friday he hopes a new tariff threat from President Trump would speed along talks with ...
An alumnus of the first Trump White House assessed that of Trump’s Cabinet, Bessent seems to be the “most serious person in ...
Trump and his aides have repeatedly shifted their stance on tariffs in the weeks since the president’s “Liberation Day” ...
Treasury Secretary Scott Bessent expressed optimism about continuing trade negotiations with Chinese officials after meeting ...
Treasury Secretary Scott Bessent stated that President Trump doubts the quality of the EU's trade offers to the U.S. He ...
The European Union’s top economic official, Valdis Dombrovskis, is scheduled to meet U.S. Treasury Secretary Scott Bessent on ...
All eyes are on the Trump administration's trade talks, particularly with China. Treasury Secretary Scott Bessent said Sunday during an NBC interview that President Donald Trump will raise ...
Stock futures rose Sunday after Treasury Secretary Scott Bessent said “substantial progress” was made in trade ...
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