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The last time President Donald Trump rolled out tariffs this high, financial markets quaked, consumer confidence crashed and ...
Treasury Secretary Scott Bessent announced that tariffs will return to the “Independence Day” levels if, by Aug. 1, countries ...
The announcement represents a win for the administration, which has positioned tariffs as both a means of equalizing trade and raising revenue.
Treasury Secretary Scott Bessent said in a Cabinet meeting that tariff hikes have already helped the U.S. "We will have taken in about $100 billion in tariff income this far this year," Bessent said.
Jerome Powell’s cautious rate policy sparks fierce criticism and succession talks, putting his Fed Chair tenure under ...
Japan's tariff negotiator, Ryosei Akazawa, and U.S. Treasury Secretary, Scott Bessent, have decided to continue discussions after President Donald Trump announced a 25% tariff on Japan starting August ...
A new book reveals his surprise that his supposed opponents defended him at a low point in his post-presidency.
Andrew Bates mocked President Donald Trump over the trade deals he keeps promising, asking how Trump can succeed when he can't stop "losing to himself." ...
U.S. Treasury Secretary Scott Bessent announced plans to meet with his Chinese counterpart in the coming weeks to advance ...
US stocks fell Monday as President Donald Trump announced a flurry of tariffs on countries including Japan, South Korea and ...
Tariffs are center stage for investors this week, although the White House has extended the pause on so-called reciprocal ...
The president issued letters to several countries, including South Korea and Japan, warning that the tariff rate on their ...