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Friday, January 16, 2026

Tag: Scott Bessent

US-China Rare Earths Deal Expected by Thanksgiving, Export Curbs to Lift

Breakthrough trade deal: China suspends rare earth export restrictions for one year as US prepares tariff rollbacks and secures massive soybean purchases.

Trump Administration Reconsidering $100,000 H-1B Visa Fee

Major policy shift as Trump administration signals softer stance on H-1B visas and skilled immigration, potentially revising the controversial $100,000 fee.

Substantial Tariff Relief Coming for Coffee and Bananas

Treasury Secretary confirms upcoming tariff cuts on imported goods to quickly lower consumer prices for coffee, bananas and other fruits.

US Sanctions Russia’s Top Oil Firms to Force Ukraine Ceasefire

US targets Russia's largest oil companies with sanctions to pressure immediate ceasefire in Ukraine after Trump-Putin talks fail.

US-China Trade Talks Resume Amid 100% Tariff Threat Tensions

Fresh trade negotiations begin as US and China seek to avoid damaging tariff war. Get the latest on Trump's 100% tariff plan and diplomatic developments.

US and China Agree to New Trade Talks Amid Rare Earths Dispute

Breakthrough as world's top economies schedule fresh negotiations to prevent tariff escalation following rare earths export controls and G7 coordination.

US Threatens 500% Tariffs on China Over Russian Oil Purchases

US Treasury Secretary warns of massive tariffs as China faces criticism for Russian energy imports and rare earth export controls amid ongoing trade tensions.

S&P 500 Rises on Bank Earnings, Bessent Trade Comments

US stocks advanced as strong bank results and eased trade tensions boosted markets. Chip stocks rallied on AI investment surge while banking index posted 3-day gain.