Japan’s Finance Minister said he’s arranging a bilateral meeting with US Treasury Secretary Scott Bessent this week to discuss topics including currency matters, triggering further gains in the yen.

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The treasury secretary said Sunday that countries that do not engage in "good faith" negotiations could face a return to the tariff levels announced on April 2.

U.S. Treasury Secretary Scott Bessent will attend the Group of Seven finance leaders' meeting in Canada next week and will seek to refocus the group on addressing trade imbalances and non-market economic practices,

Treasury Secretary Scott Bessent suggested critics of President Donald Trump‘s tariff plan should be open to cutting taxes, calling them “deflationary.” Trump announced a sweeping tariff plan early last month,

Peter Schiff criticized Scott Bessent for downplaying Trump's tax cuts in the recent Moody's downgrade, instead blaming Biden administration.

Treasury Secretary Scott Bessent stated that the Trump administration’s tariff overhaul has positioned the U.S. for better trade deals with foreign countries, while downplaying Moody’s

There are 18 “important” trading partners that the United States is most focused on solidifying deals with, Bessent said. He did not say how quickly tariff rates could revert to “reciprocal” rates.