Facing a global market meltdown, president Donald Trump will drop reciprocal tariffs but maintain a 10% tax on most imports.

"The Trump agenda is focused on Main Street. It's Main Street's turn... It's Main Street's turn to drive investment," Bessent ...

Treasury Secretary Scott Bessent will huddle with House Republicans multiple times this week as the administration looks to ...

Fox Business host Larry Kudlow patiently explained trade deficits to Treasury Secretary Scott Bessent during a contentious ...

U.S. Treasury Secretary Scott Bessent will lead trade negotiations with Japan, the Nikkei newspaper reported on Tuesday.

U.S. tariff negotiations are the result of calls from other countries not sliding financial markets and China's escalation is ...

Treasury Secretary Scott Bessent encouraged countries around the world to refrain from retaliating against the U.S. in light ...

Scott Bessent last month admitted “there are no guarantees” the U.S. won't plunge into a recession under Donald Trump.

Recent signs that consumers, investors and businesses are becoming more cautious are natural given tariff uncertainty and ...

The U.S. goods trade deficit with China was $295.4 billion in 2024, a 5.8 percent increase ($16.3 billion) over 2023.

President Donald Trump has launched tariff wars with nearly all of the United States' trading partners. And there's no end in sight.

As the U.S.–China trade standoff spirals, U.S. Treasury Secretary Scott Bessent says all options are on the table — including ...