News

Bessent confident about potential U.S.-China trade deal

Treasury Secretary optimistic about potential U.S.-China trade deal as deadline approaches

Published

6 months ago

August 1, 2025

Ahron Young

Treasury Secretary optimistic about potential U.S.-China trade deal as deadline approaches

In Short:
– Treasury Secretary Scott Bessent is optimistic about potential trade negotiations with China.
– Ongoing negotiations face challenges, including tariffs and complex issues like oil and technology transfers.

Treasury Secretary Scott Bessent expressed optimism regarding potential trade negotiations with China.

He stated, “I believe we have the makings of a deal,” although he acknowledged that some technical details still need resolution.

Bessent did not specify what a final agreement might entail and noted he has yet to discuss the matter with President Donald Trump, who previously indicated he would need to approve any deal personally.

The ongoing negotiations follow a period of heightened tariff tensions, with both nations having imposed significant duties on one another.

The deadline for reaching an agreement is set for August 12. Currently, the U.S. has reduced its tariffs on Chinese imports from 145% to 30%, while China has decreased its rate from 125% to 10%.

Negotiation Challenges

Bessent emphasised the complexity of the negotiations, acknowledging the difficulty posed by the Chinese negotiating stance.

Both sides remain cautious as critical issues like oil purchases from Iran and technology transfers to Russia add another layer of complexity to the discussions.

News

U.S. envoys head to Moscow as Ukraine peace talks accelerate

U.S. envoys to meet Putin, signaling a potential shift in Ukraine war diplomacy.

Published

12 hours ago

January 22, 2026

Harvey Vargas

U.S. envoys to meet Putin, signaling a potential shift in Ukraine war diplomacy.

Senior U.S. envoys are preparing to meet Russian President Vladimir Putin as diplomatic efforts around the war in Ukraine gather pace. The visit comes after Russia formally requested high-level talks, signalling a potential shift in momentum.

Special Envoy Steve Witkoff and Jared Kushner are set to travel to Moscow following months of behind-the-scenes discussions. The move underscores Washington’s willingness to engage directly as negotiations enter a more decisive phase.

With global attention fixed on the outcome, the meeting could shape the next chapter of the conflict — and determine whether diplomacy can finally overtake military escalation.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#UkraineWar #RussiaUkraine #PeaceTalks #GlobalPolitics #USRussia #BreakingNews #Geopolitics #TickerNews

News

Trump drops tariff threat after Greenland framework deal

Trump announces Greenland deal, easing tariff threats amid trade tensions, boosting US markets and sparking Arctic diplomacy debate.

Published

12 hours ago

January 22, 2026

Harvey Vargas

Trump announces Greenland deal, easing tariff threats amid trade tensions, boosting US markets and sparking Arctic diplomacy debate.

U.S. President Donald Trump has announced a framework deal involving Greenland, stepping back from earlier threats to impose tariffs on Europe. The shift comes after heightened global concern over trade tensions and geopolitical stability.

The announcement followed Trump’s appearance at the World Economic Forum in Davos and discussions with NATO’s Secretary General.

Denmark’s Foreign Minister has since weighed in, responding to speculation surrounding Greenland’s future and the implications of US involvement.

Markets reacted positively, with US stocks rallying after Trump signalled he would abandon the tariff threats.

While Trump reiterated he would not use force to acquire Greenland, the move has sparked renewed debate about diplomacy, trade, and influence in the Arctic region.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#DonaldTrump #Greenland #USTrade #Tariffs #GlobalMarkets #USPolitics #WorldNews #Ticker

News

Coalition cracks deepen as Nationals break ranks over Labor reforms

Nationals senators defy party lines, voting against Labor’s reforms as Coalition faces internal rifts and leadership concerns.

Published

1 day ago

January 21, 2026

Harvey Vargas

Nationals senators defy party lines, voting against Labor’s reforms as Coalition faces internal rifts and leadership concerns.

A rift has emerged in the Coalition after three Nationals senators crossed the floor to vote against Labor’s post-Bondi hate group reforms, defying party lines and raising questions about their future in the shadow cabinet.

Their proposed amendment calling for greater scrutiny was rejected, and Labor’s legislation passed the Senate 38 votes to 22, cementing the reforms into law despite opposition pushback.

Coalition leadership will meet Wednesday to assess the political fallout, though some MPs consider the issue minor in terms of potential resignations. The incident highlights growing tensions within the party as internal discipline comes under pressure.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#AustralianPolitics #Coalition #Nationals #Labor #Senate #PoliticalDrama #TickerNews #BreakingPolitics