The IMF chief warns of a ‘new and major test’ as it cuts growth projections on the back of the Trump administration’s tariffs ...

Tariffs and the bleak prospects for global trade dominated discussions at the International Monetary Fund (IMF) and the World ...

Trump placed tariffs totaling 145% on China, leading China to retaliate with tariffs of 125% on the U.S. — essentially ...

China standoff over high tariff levels that amount to a mutual trade embargo between the world’s two largest economies.

The Dow, S&P 500 and Nasdaq Composite are making a run for the third straight day of gains as President Trump weighs taking a ...

After global panic over the president’s trade proposals, Treasury Secretary Scott Bessent is downplaying his boss’s bluster.

Treasury Secretary Scott Bessent (left) shakes hands with House Majority Leader Steve Scalise at the tariff announcement Wednesday. (Jim LoScalzo- Pool via CNP/Zuma Press) Treasury Secretary Scott ...

President Donald Trump hosted Norwegian Prime Minister Jonas Gahr Store and Finance Minister Jens Stoltenberg at the White ...

Musk and Bessent’s relationship has been tense at best. The Tesla CEO lobbied hard to land Howard Lutnick as the Treasury ...

On Wednesday night, U.S. District Judge Stephanie Gallagher, appointed by President Trump, ruled that a 20-year-old Venezuelan man’s removal violated a previous court settlement, and that the ...

During his remarks at the Institute of International Finance in Washington D.C. this week, Scott Bessent defended President Trump's trade war.

Trump now says he’ll extract through negotiations—under the threat of resuming his full tariff war—concessions sufficient to erase America’s trade deficits with its partners. And Treasury Secretary ...