CHICAGO (Reuters) -U.S. Treasury Secretary Scott Bessent said on Thursday that China has agreed to buy 12 million metric tons of American soybeans during the current season through January, down from 22.5 million tons in the prior season after a months-long tariff battle halted all purchases of the current U.S. harvest.

U.S. Treasury Secretary Scott Bessent said Thursday that China has approved a TikTok transfer deal. CBS News White House reporter Willie James Inman has more.

China will buy 12 million metric tons of U.S. soybeans by January, Treasury Secretary Scott Bessent said. The U.S. exported 27 million metric tons of soybeans to China last year. Bessent spelled out s

Treasury Secretary Scott Bessent called out NBC host Kristen Welker for cherry-picking inflation data during a Sunday interview on “Meet

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.

President Donald Trump and Chinese leader Xi Jinping also agreed to pull back on other recent trade escalations at a meeting in South Korea.

U.S. Treasury Secretary Scott Bessent blamed Senate Minority Leader Chuck Schumer for prolonging the government shutdown, saying Democrats need to vote to reopen the government.

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.

“You did mention that China has been boycotting American soybeans, and American farmers have really suffered,” ABC host Martha Raddatz told him on Sunday. “Do you see a real light at the end of the tunnel there? That they may allow soybeans again?”

Scott Bessent said Ontario's anti-tariff ad, featuring quotes from Ronald Reagan, was "propaganda" aimed at swaying public opinion.

President Trump ordered the immediate resumption of nuclear weapons testing, ending a 33-year moratorium, citing China's advancements. Treasury Secretary Scott Bessent defended the move as crucial for America to "catch up" with China's nuclear power development.