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Scott Bessent

Oct 22, 2025

US national debt hits record $38 trillion amid shutdown

The US national debt has surpassed $38 trillion, the fastest $1 trillion increase outside the pandemic, as experts warn of rising inflation and borrowing costs.

May 12, 2025

US, China agree to cut tariffs in 90-day trade truce

The US and China slash tariffs and pause trade tensions for 90 days, offering hope to global markets while long-term issues remain unresolved.

May 9, 2025

Trump considers 80% China tariff to ease trade tensions

Trump signals possible cut to China tariffs from 145% to 80% ahead of key U.S.-China talks, aiming to reduce trade war tensions and boost U.S. exports.