Scott Bessent
Polish customs seized 5 tons of tires for Boeing aircraft that were to transit to Russia bypassing EU sanctions. The sender was a company from Spain.
The US, along with Europe, will strengthen sanctions against Russia if Putin does not conduct peace talks with Ukraine. According to US Treasury Secretary Bessent, Washington's previous sanctions against the Russian Federation have proven ineffective.
The US and China have agreed to temporarily reduce tariffs on each other's goods. This is done to ease trade tensions and allow time for dispute resolution.
Easing trade tensions between the US and China and a potential slowdown in US inflation could push Bitcoin to new highs, exceeding $109,350.
US President Donald Trump was optimistic about the first day of negotiations with China in Switzerland, announcing a "complete reset" of trade relations. He expects China to open up to American business.
The Trump administration is considering tariff cuts of up to 60% in negotiations with China in Geneva. This is intended to reduce tensions and ease economic difficulties for both sides.
Donald Trump announced expectations for trade negotiations between the US and China, predicting a reduction in tariffs on Beijing. The negotiations will take place in Switzerland with the participation of high-ranking officials from both countries.
During a hearing in Congress, US Treasury Secretary Scott Bessent stated that he considers Vladimir Putin a war criminal. He also noted the need for negotiations with both sides.
The spot price of gold fell by 1. 3% amid signs of trade negotiations between the US and China. Investors await the decision of the US Federal Reserve System on policy.
According to Bessent, the US plans to use the mineral agreement with Ukraine as leverage on Russia in ceasefire negotiations. The agreement will also strengthen economic cooperation between the countries.
The Ukrainian delegation discussed with the IMF increasing revenues to the 2026 budget, including increasing VAT and switching to a progressive personal income tax scale, as well as de-shadowing the economy.
The U. S. is actively reaching out to China to discuss Trump's tariffs, hinting at possible negotiations. China has tacitly formed a list of American-made goods that will be exempt from tariffs.
The US Treasury Secretary stated that the agreement with Ukraine is a signal to Russia and gives Trump a stronger position in negotiations. The agreement concerns 57 minerals, including lithium, uranium, and others.
The Trump administration has notified Congress of its intention to allow the export of defense products to Ukraine through direct commercial sales. This decision was made despite the suspension of military aid to Ukraine.
Donald Trump stated that the US will be able to compensate for the $350 billion in aid to Ukraine by gaining access to its mineral resources. Control over the agreement is entrusted to the US Secretary of the Treasury.
US Secretary of State Marco Rubio stated that the agreement with Kyiv on the creation of an Investment Fund for Reconstruction is a step towards ending the war. According to him, the document was adopted thanks to the leadership of Donald Trump.
According to Scott Bessent, the agreement with Ukraine signals to Russia the US commitment to the peace process. No state or individual who has financed the Russian war machine will be allowed to benefit from the reconstruction of Ukraine.
Trump said that he did not want a complicated deal with Ukraine due to a lack of money. According to him, the presence of the US in the development of minerals will keep "bad players" away.
The US Treasury Secretary has stated his readiness to sign a mineral agreement with Ukraine. According to Bessent, "last-minute" changes were made to the agreement.
Gold prices fell 0. 8% to $3314.65 an ounce on Tuesday, amid easing trade tensions. Investors are awaiting data from the US to assess Federal Reserve policy.
Oil prices rose due to US-China trade talks and a possible increase in OPEC+ supply. Brent rose to $67.08, WTI to $63.26 per barrel.
Trump's trade policy is destabilizing the global economy. His statements on deals and tariffs are contradictory, and negotiations with China are in question, which causes uncertainty and risks of recession.
U. S. officials are trying to prevent the International Energy Agency from providing data on renewable energy. This has caused irritation among European officials.
U. S. Treasury Secretary Scott Bessent said an agreement with South Korea could be reached as early as next week. Both sides are seeking to reach an agreement before the beginning of July.
The US Secretary of the Treasury emphasized the importance of economic partnership with Ukraine and the need for a quick completion of negotiations. He emphasized support for the sovereignty of Ukraine.
The IMF forecasts an increase in global public debt to 95% of GDP in 2025 and almost to 100% by the end of the decade. Particularly severe forecasts for France and Germany.
Oil prices rise after falling as investors weigh OPEC+ output increase and signals on tariffs from the White House. The US and Iran are holding talks on the nuclear program.
European stocks recovered after Trump's statements about the head of the Federal Reserve and a possible reduction in duties for China. The STOXX 600 index rose by 1.7% amid corporate reports.
Bitcoin rose nearly 7% amid investor optimism. Despite the price jump, blockchain data indicates fragility beneath the surface, analysts warn.
The mineral agreement does not provide for the recognition of Ukraine's debt or the return of US aid. The structure should be mutually beneficial, where both countries will earn from investments.