U.S. Treasury Secretary Scott Bessent said Monday that several major U.S. trading partners had made strong proposals to avoid tariffs, and India is likely to be among the first countries to sign a trade agreement.
Speaking to CNBC, Bessent noted significant progress in talks with India, Japan, and other Asian partners. He highlighted that Vice President Vance’s recent trip to India showed promising developments and that negotiations with South Korea and Japan were also going well.
Bessent suggested that the first trade deal could be finalized within a week or two.
He also mentioned that China's move to exempt certain U.S. goods from retaliatory tariffs signaled an interest in easing tensions, and emphasized that the U.S. had responded by not escalating further.
Speaking to Fox News, Bessent said President Donald Trump would be heavily involved in crafting individual trade deals with 15 to 18 key partners, stressing the urgency of reaching agreements soon.
On China, Bessent hinted that future negotiations depended largely on Beijing, noting the trade imbalance between the two countries and suggesting that China might eventually initiate talks.
Operations at several energy facilities in Saudi Arabia were suspended on Tuesday after attacks by Iran-aligned Houthi forces injured more than 70 ...
A TV channel was struck during a live broadcast on Tuesday, Ukrainian President Volodymyr Zelenskyy said, as Russian strikes on Kyiv killed at leas...
Twelve countries said on Tuesday they would introduce, support or consider trade restrictions on goods from Israeli settlements in the West Bank, i...
At least five people were killed and five others injured when an Amazon Prime Air cargo plane overran a runway and crashed while landing at Miami International Airport on Sunday, 6 September, local officials said.
Iranian Parliament Speaker Mohammad Bagher Ghalibaf said on Sunday that the United States must recognise that the “rules of the game” in its war against Iran had changed “before it is too late”, a day after Washington struck several Iranian tankers in the Gulf.
U.S. special envoys Jared Kushner and Steve Witkoff have held talks with Ukrainian President Volodymyr Zelenskyy in Kyiv on Sunday on efforts to end Russia’s war in Ukraine.
A TV channel was struck during a live broadcast on Tuesday, Ukrainian President Volodymyr Zelenskyy said, as Russian strikes on Kyiv killed at least three people, the city's Mayor Vitali Klitschko said. Meanwhile, drones hit civilian infrastructure in Russia's southwestern Saratov region.
Indonesia has reopened Jakarta's main airport and four others after volcanic ash from Mount Anak Krakatau forced widespread flight cancellations, though fresh eruptions have kept authorities on alert.
Twelve countries said on Tuesday they would introduce, support or consider trade restrictions on goods from Israeli settlements in the West Bank, increasing pressure on Israel over settlement expansion.
France will move to restrict imports of goods from Israeli settlements in the West Bank, joining 11 other countries backing or considering similar measures, Foreign Minister Jean-Noël Barrot said on Tuesday.
A TV channel was struck during a live broadcast on Tuesday, Ukrainian President Volodymyr Zelenskyy said, as Russian strikes on Kyiv killed at least three people, the city's Mayor Vitali Klitschko said. Meanwhile, drones hit civilian infrastructure in Russia's southwestern Saratov region.
European Commission President Ursula von der Leyen announced on Monday a €200 million ($232 million) deal with Greenland, called the Global Gateway Partnership Package, aimed at strengthening the EU-Greenland partnership, amid growing U.S. interest in the Arctic island.
Britain is set to ban trade in goods and some services from Israeli settlements in the West Bank as the government steps up efforts to protect the prospects of a two-state solution.
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