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A political battle over the ‘future of Artificial Intelligence (AI)’ has erupted online between US Treasury Secretary Scott Bessent and Senator Bernie Sanders over plan to include Chinese scientists in a high-profile AI safety forum. Sanders announced he will host a discussion on Wednesday, April 29, featuring top researchers from both the US and China,…
Soon after the US Supreme Court verdict, Trump announced a 10% universal tariff. (AI image) Will Donald Trump administration’s high reciprocal tariffs come back to haunt global economies? Treasury Secretary Scott Bessent on Tuesday indicated that Trump’s tariff measures could be reinstated by July, potentially returning to the levels that existed before the Supreme Court…
US treasury secretary Scott Bessent on Sunday said the United States has “plenty of money to fund” its war against Iran, asserting that President Donald Trump is keeping “all options on the table” amid the ongoing Middle East conflict.Speaking to NBC News, Bessent defended the administration’s actions, saying Trump acted within his legal authority. “President…
File photo: US treasury secretary Scott Bessent US treasury secretary Scott Bessent said that President Donald Trump‘s plan to increase a 10% universal tariff up to 15% will likely be done this week. “That’s likely sometime this week,” Bessent said on CNBC in response to a question about when the increase to 15% would be…
US Treasury Secretary Scott Bessent criticised European countries over the trade deal with India on Wednesday.Asked in an interview with CNBC whether the India-EU trade deal threatened US interests, Bessent said countries should do what is best for themselves. But he said he was “very disappointed” with Europe’s actions, especially given the war in Ukraine.“The…
Scott Bessent is often held up as one of the saner and more sober members of the Trump administration. His appointment in November 2024 piqued more than a few eyebrows, given he is openly gay, co-hosted a fundraiser for Al Gore in 2000, and even worked for many years at Soros Fund Management, an investment…
Scott Bessent (File photo) TOI correspondent from Washington: US Treasury Secretary Scott Bessent signaled a prospective removal of the 25 per cent penalty tariffs on India for its purchase of Russian oil, citing “success” in Washington’s pressure tactics while appearing to disapprove the outreach of the European Union, which is on the verge of concluding…
File photo: US treasury secretary Scott Bessent (Picture credit: AP) US treasury secretary Scott Bessent has insisted the United States is not heading for a recession in 2026, expressing strong confidence that President Donald Trump’s tariff strategy and new trade agreements will bring economic relief over the next year. Speaking to NBC News’ Meet the…
Scott Bessent stirred a row after claiming that soaring beef prices in US are not linked to economic policies but to an alleged “invasion of cows” across the southern US border.The Treasury Secretary laid out his theory during a Sunday interview with Maria Bartiromo on Fox News. Bartiromo asked about the rising cost of meat…
When Ingraham noted that “we have plenty of talent”, Trump said, “No, you don’t, no you don’t. You don’t have certain talents. And people have to learn The Donald Trump administration is repositioning the H-1B visa program to bring in skilled foreign workers on a temporary basis to train Americans for high-tech roles, Treasury Secretary…
