U.S. Treasury Secretary Scott Bessent said on Tuesday that the status quo situation with China was "working pretty well" as ...

The United States and China have extended a tariff truce for another 90 days, staving off triple-digit duties on each other's ...

Bessent told CNBC in an interview that Russian oil now accounted for 42% of India's total oil purchases, up from under 1% ...

There's peace and quiet as another extension of the trade truce was announced this week. But it may not last, writes Scott Kennedy.

In May, China agreed to lower tariffs on American goods from 125% to 10%, while the US agreed to lower tariffs on Chinese goods ... It was the third such meeting, following a 90-day truce reached in ...

It was the third meeting between the US and China since April, at which point the two sides had slapped each other with tariffs exceeding 100 percent in an escalating trade war. On May 12, the two ...

US President Donald Trump on Monday ordered a delay in the reimposition of higher tariffs on Chinese goods, hours before a ...

In Stockholm, China and the United States decided to maintain existing tariff arrangements, extending the pause after constructive talks. The US will keep its 30% levy on Chinese imports, while China ...

China's top leaders have pledged to help companies slammed by higher U.S. tariffs but held back on major moves after trade ...

On August 12, under intense global attention, China and the US each announced that they would extend the suspension of ...

According to the statement published by Xinhua News Agency, China will continue to suspend its earlier tariff hike for 90 ...