President Donald Trump and Treasury Secretary Scott Bessent have a herculean task ahead of them in turning around the U.S.

Trump has given the Kremlin a financial out, allowing it to back Ukraine further into a corner with no commitment to any sort ...

The annual meetings of the Group of 7 finance ministers, known as the G7, are typically congenial and in previous years have ...

The U.S. and China have agreed to a 90-day pause on tariffs, cutting U.S. rates on Chinese goods from 145% to 30% and China's ...

Treasury Secretary Scott Bessent said Walmart will absorb some of President Trump’s tariffs, but warned that consumers could ...

Treasury Secretary Scott Bessent made fresh clarifications on the country's evolving trade posture, particularly in relation ...

The new duties are effective as of May 19, and will last for five years. They're aimed at helping China's domestic industry.

Amid increasing doubts about his economic leadership, Trump has said foreign producers would pay the costs of his new taxes on imports, not consumers.

The president recently attacked Walmart, saying it should “eat” the costs rather than pass them on to customers.

Treasury Secretary Scott Bessent conceded on Sunday that President Donald Trump’s tariffs could increase prices for consumers. Walmart CEO Doug ...

Treasury Secretary Scott Bessent tells Meet the Press that, after his negotiations with Chinese officials, both countries ...