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The last time President Donald Trump rolled out tariffs this high, financial markets quaked, consumer confidence crashed and ...

Tariffs are center stage for investors this week, although the White House has extended the pause on so-called reciprocal ...

President Trump renewed calls for Federal Reserve Chair Jerome Powell to resign and potentially hinted at support for Treasury Secretary Scott Bessent to be Powell's replacement. Yahoo Finance ...

Treasury Secretary Scott Bessent announced that tariffs will return to the “Independence Day” levels if, by Aug. 1, countries ...

Donald Trump started sending tariff letters to the trading partners on Monday. Japan and South Korea were the first nations ...

Tariffs have raised US$100 billion (S$128 billion) for the US so far, said US Treasury Secretary Scott Bessent. Read more at ...

The announcement represents a win for the administration, which has positioned tariffs as both a means of equalizing trade and raising revenue.

Treasury Secretary Scott Bessent said in a Cabinet meeting that tariff hikes have already helped the U.S. "We will have taken in about $100 billion in tariff income this far this year," Bessent said.

Donald Trump has said that the US will impose a roughly 50 per cent tariff on copper imports, sending prices for the industrial metal soaring and escalating his global trade war. The president said at ...

WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent will skip a Group of 20 finance ministers and central bank ...