The Trump trade war is de-escalating, but inflation, budget deficits and risks of a rekindled tariff fight continue to ...

In a television interview on Sunday, Scott Bessent said that countries which did not engage with the US in “good faith” would ...

The institute was shuttered without the authorization or consultation of Congress, “rushed through action” with “blunt force, ...

Columnists have labeled Trump’s bill the second coming of Reagonomics, promising to slash taxes for the wealthy while leaving ...

Trump and his aides have repeatedly shifted their stance on tariffs in the weeks since the president’s “Liberation Day” ...

European indexes fell and markets were set for a moody Monday after Moody's downgraded U.S. sovereign debt last week. "This is a major symbolic move as Moody's were the last of the major rating ...

Consumers have been pinching pennies since skyrocketing inflation in 2022 took a toll on their wallets, and worries that ...

The United States will restore steep “reciprocal” tariffs if trading partners do not reach new agreements within a 90-day ...

Bessent told CNN's "State of the Union" May 18 that he spoke with Walmart CEO Doug McMillon the day before, when Trump told the company on Truth Social that they should "' EAT THE TARIFFS ," and not ...

The treasury secretary said Sunday that countries that do not engage in "good faith" negotiations could face a return to the tariff levels announced on April 2.

Tariff rates will soon return to a “reciprocal” level if countries don’t reach trade agreements during the 90-day ...

Treasury Department Secretary Scott Bessent on Sunday warned that tariffs on trading partners could go back to the rate ...