Indian Prime Minister Narendra Modi has welcomed improved ties with China as U.S. Treasury Secretary Scott Bessent escalated criticism of the South Asian nation over 'excess profits' from purchases of Russian oil. https://www.japantimes.co.jp/news/2025/08/20/asia-pacific/politics/modi-china-bessent-india-families/?utm_medium=Social&utm_source=mastodon #asiapacific #politics #wangyi #china #narendramodi #india #us #scottbessent #brics #mukeshambani #russia #oil

U.S. Commerce Secretary Howard Lutnick says Japan's $550 billion of investment funding in return for lower U.S. tariff rates will be directed by U.S. President Donald Trump to benefit the United States. https://www.japantimes.co.jp/business/2025/08/20/economy/lutnick-cnbc-billion/?utm_medium=Social&utm_source=mastodon #business #economy #ryoseiakazawa #tariffs #donaldtrump #trade #carmakers #us #japaneseeconomy #usjapanrelations #scottbessent #howardlutnick

A seating chart shows that #Putin & #Trump were supposed to sit across from each other during the luncheon. Trump would be flanked by: Secy of State #MarcoRubio, Secy of #Defense#PeteHegseth & WH Chief of Staff #SusieWiles to his right, & Secy of #Treasury#ScottBessent, Secy of #Commerce#HowardLutnick & Special Envoy for Peace Missions #SteveWitkoff to his left. Putin would be seated next to his Minister of Foreign Affairs, Sergey #Lavrov, & his Aide for Foreign Policy, Yuri #Ushakov.

Prime Minister Shigeru Ishiba and U.S. Treasury Secretary Scott Bessent indicated the two nations could reach a "good” trade deal while signaling the process may take more time. https://www.japantimes.co.jp/business/2025/07/19/economy/us-japan-trade-deal-bessent/?utm_medium=Social&utm_source=mastodon #business #economy #usjapanrelations #trade #tariffs #ryoseiakazawa #scottbessent #donaldtrump #us #japaneseeconomy

Calls for Federal Reserve Chair Jerome Powell's resignation have prompted investors to protect portfolios against the risk of higher inflation, as a central bank more willing to lower rates could fuel price rises. https://www.japantimes.co.jp/business/2025/07/16/markets/investors-fed-chief-ouster/?utm_medium=Social&utm_source=mastodon #business #markets #jeromepowell #scottbessent #investors #federalreserve #us #donaldtrump #trade #tariffs #republicans

Prime Minister Shigeru Ishiba is considering holding a meeting with U.S. Treasury Secretary Scott Bessent, who is set to visit the 2025 Osaka Expo this week, government sources have said. https://www.japantimes.co.jp/news/2025/07/15/japan/politics/ishiba-bessent-osaka/?utm_medium=Social&utm_source=mastodon #japan #politics #scottbessent #shigeruishiba #osaka #2025osakaexpo #us #trade #tariffs #usjapanrelations

For the second time this year, the world’s most powerful finance ministers gather in South Africa without the presence of the U.S. Treasury secretary. https://www.japantimes.co.jp/business/2025/07/14/economy/g20-bessent-south-africa/?utm_medium=Social&utm_source=mastodon #business #economy #scottbessent #g20 #southafrica #us #donaldtrump #republicans #brics

Japan is unlikely to face pressure from the U.S. to prop up the yen despite U.S. President Donald Trump's criticism of its large trade surplus with his country, a former top currency diplomat says. https://www.japantimes.co.jp/business/2025/07/10/economy/ex-japan-forex-diplomat-yen/?utm_medium=Social&utm_source=mastodon #business #economy #usjapanrelations #currencies #dollar #yen #donaldtrump #scottbessent #ryoseiakazawa #tariffs