US Treasury Secretary Scott Bessent

US Signals Toughest-Ever Iran Sanctions as Trump Threatens Countries Supporting Tehran and Oil Markets Brace for Further Disruption

The United States is preparing to impose what Treasury Secretary Scott Bessent described as the “toughest sanctions in history” on Iran, intensifying Washington’s economic campaign against Tehran as the administration signals that financial pressure could reduce the need for another...
US Treasury Secretary Scott Bessent

US Threatens 100% Tariffs on Canadian Imports If Ottawa Finalises New Trade Deal With China

The United States will impose tariffs of up to 100 per cent on Canadian imports if Ottawa finalises a new trade agreement with China, US Treasury Secretary Scott Bessent said on Sunday (Jan 25), escalating pressure on Canada as tensions...
US Treasury Secretary Scott Bessent

Washington warns China over rare earth exports as Trump administration mulls tariff hike

The United States signaled a tougher stance toward China on Sunday (Nov 2), warning that tariffs could be raised again if Beijing fails to honor its commitments on rare earth exports. Treasury Secretary Scott Bessent said the Trump administration is...