Watch: Bessent discusses global economy in California
Treasury Secretary Scott Bessent discussed the state of the global economy on Monday morning during a global conference in California.
Bessent is President Trump’s point official on the economy and has taken a leading role in updating the nation about the status of negotiations with other countries on new trade deals.
Trump’s tariff regime has rattled markets. The president initially was set to impose heavy tariffs on nearly every country in the world, but he paused most of his “Liberation Day” regime to provide time for negotiations.
Bessent has suggested deals with India and South Korea are close, but there have been few hard details.
The Treasury secretary was scheduled to speak at 11 a.m. EDT from the Milken Institute’s global conference in Beverly Hills, Calif. Watch the video replay above.