Treasury Secretary

• U.S. Treasury Secretary Scott Bessent announced that 2026 tax filing season refunds are up more than 10% nationwide compared to last year, with working Americans poised for immediate take-home pay increases via withholding changes. • The gains stem from broader economic policies under President Trump, including Trump Accounts to expand benefits from the vibrant economy to more citizens. • This reflects efforts to return money to American workers, families, and businesses, ushering in a new era of growth amid strong IRS performance.

Treasury Secretary Scott Bessent is set to meet Chinese officials next week for a new round of trade negotiations, as US markets grapple with oil disruptions from Middle East conflicts. The talks aim to address tariffs and supply chain issues exacerbated by the Strait of Hormuz blockage. President Trump's energy team monitors surging prices, with industry leaders consulted on naval escort options. Economists predict outcomes could influence global commodity stability and US inflation rates.

Treasury Secretary Scott Bessent is set to meet Chinese officials next week for a new round of trade negotiations, as announced on March 14, 2026. The talks come amid surging oil prices and Middle East disruptions affecting global supply chains. U.S. officials aim to address tariffs and technology export restrictions, with Bessent stating 'we seek fair competition without escalation.' Industry leaders warn that outcomes could impact American consumers facing higher costs from ongoing conflicts.