Treasury Secretary Scott Bessent said 100% tariffs on China are "effectively off the table" after a "very good two-day meeting" between the U.S. and China.

Treasury Secretary Scott Bessent expects major progress on both trade negotiations and a TikTok deal when Trump meets Xi in Korea next week.

President Trump’s tariff battle with China has hit soybean farmers particularly hard. Treasury Secretary Scott Bessent says he feels their pain. “In case you don’t know it, I’m actually a soybean

The following is the transcript of the interview with Treasury Secretary Scott Bessent that aired on "Face the Nation with Margaret Brennan" on Oct. 26, 2025.

This article originally appeared on Advocate: Ultra-rich Scott Bessent, who owned a pink mansion, says he’s a ‘soybean farmer’ & the internet mocked him Sberbank CEO German Gref said Russia is so fixated on fighting inflation that it's forgetting about economic growth.

Top Chinese and U.S. officials agreed on a trade framework as President Donald Trump said he was confident of hashing out a deal with China's Xi Jinping.

President Donald Trump suggested that he may drop an investigation into whether China violated the terms of his first-term trade deal based on his upcoming talks with Chinese leader Xi Jinping.