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 ...

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 ...

By Sachin Ravikumar and David Milliken LONDON (Reuters) -British finance minister Rachel Reeves said on Tuesday she would ...

The tariffs President Trump announces today likely won't be raised further, but could be negotiated downward, Treasury ...

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.

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