The U.S. Treasury Secretary Scott Bessent recently met with his counterparts and other senior leaders from the U.K., Japan, South Korea, and Switzerland to strike trade deals amid the global tariff tensions.
The U.S. Treasury Department said that Bessent held a meeting with the U.K.'s Exchequer Chancellor Rachel Reeves in which the two leaders discussed the need for progress on "fair and reciprocal trade" between the two countries as President Donald Trump pursues an "America First" economic agenda.
Earlier, Chancellor Reeves told BBC that Britain’s trade relationship with the European Union is “arguably even more important” than that with the U.S.
Bessent also met Swiss President Karin Keller-Sutter and Vice President Guy Parmelin to discuss "fair and reciprocal trade" in order to "best advance the economic relationship" between the two countries.
Related: Tariff Live Updates: Trump's softening rhetoric on China has Bitcoin topping $94K
On Apr. 24, Bessent met with Japan's Finance Minister Katsunobu Kato to discuss the same. The two leaders said they will continue their ongoing consultations regarding issues related to exchange rates.
Bessent, along with Trade Representative Jamieson Greer, met with South Korea's Deputy Prime Minister and Minister of Economy and Finance Sang-mok Choi and Minister of Trade, Industry, and Energy Duk-geun Ahn. The leaders discussed efforts to reduce trade barriers and increase South Korean investment in the U.S.
The crypto market held steady with the total market cap above $3 trillion for four days in a row, though it fell 2% over the last 24 hours.
Bitcoin, the largest cryptocurrency, was trading at $94,344.38 at press time, as per Kraken's price feed.