Elon Musk and Scott Bessent’s fight was not just a push or shove, Musk punched Bessent like a rugby player. A more salacious account of the beginning of the Elon Musk– Donald Trump feud has now surfaced, courtesy MAGA activist Steve Bannon, who claimed that the physical fight between Elon Musk and Scott Bessent was […]
US President Donald Trump (Pic credit: AP) US President Donald Trump defended his hardline tariff strategy on Sunday, emphasising that his goal is to bolster American production of military and high-tech goods, not revive the country’s textile industry.“We’re not looking to make sneakers and T-shirts,” Trump told reporters before boarding Air Force One in New […]
US President Donald Trump claimed on Saturday that “great progress” was made during the first day of high-stakes US-China trade talks in Geneva, signalling what he called a “total reset” in relations between the world’s two largest economies.In a post on Truth Social, the US president wrote, “A very good meeting today with China, in […]
United States and China held direct trade talks in Geneva on Saturday, with discussions expected to continue on Sunday, according to an official, reported Associated Press. The meetings are part of efforts to ease tensions that have triggered steep tariff hikes and increased economic uncertainty worldwide. US treasury secretary Scott Bessent and trade representative Jamieson […]
A heated confrontation between Elon Musk and US Treasury Secretary Scott Bessent reportedly unfolded last week in the White House over IRS reform. The disagreement took place in the halls of the White House and reportedly became so intense that both men were face to face and shouting, with president Trump nearby. The core of […]
A growing split in US economic messaging is evident, as Treasury Secretary Scott Bessent’s call for international cooperation collided with president Trump’s renewed threats of trade tariffs and a hardline message from the White House press room.Speaking at the Institute of International Finance, Bessent reassured investors that the US remained committed to its global leadership […]
US president Donald Trump has suggested that the historically high tariffs he imposed on Chinese imports will not last. Speaking from the Oval Office on Tuesday, Trump told reporters the 145% tariff rate would eventually “come down substantially,” even as he maintained a confident tone about the US’s bargaining position.“145% is very high, and it […]
US Federal Reserve Chair Jerome Powell (AP photo) The White House is preparing to begin interviews for a new Federal Reserve Chair this autumn, as Jerome Powell, a Biden appointee’s term ends in May 2026. Treasury secretary Scott Bessent confirmed to Bloomberg the timeline during a visit to Argentina, saying it gives the Trump administration […]
India stands apart in Trump’s Asia policy. (AI image for representation only) US President Donald Trump’s economic team is rapidly advancing a new global strategy to box in China – not just with tariffs, but with alliances. At the center of this plan? India.Treasury secretary Scott Bessent, emerging as Trump’s surprise lead negotiator, has outlined […]
Donald Trump was under tremendous pressure from friends, CEOs, reports claimed. While the White House described Donald Trump’s U-turn on tariffs as “the art of the deal”, insiders aware of what transpired behind the announcement of the 90-day pause said there was tremendous pressure from CEOs, friends, GOP senators, markers and bond prices. Axios reported […]
