Treasury Secretary Scott Bessent wasn’t directly involved in setting the steepest American tariff rates since before World War II. But he’s now in charge of negotiations to avoid them getting ...

We’ve been playing this game since the election and inauguration: which Trump administration cabinet member or appointee is ...

The U.S. goods trade deficit with China was $295.4 billion in 2024, a 5.8 percent increase ($16.3 billion) over 2023.

Trump’s tariffs threaten to widen inequality in the US, making the rich richer and impoverishing the working class.

Economists have predicted that the tariffs could throw the U.S. into a recession. Trump’s plan has been interpreted around ...

There’s little precedent for completing such a large volume of sweeping, wide-ranging and accelerated trade negotiations.

Bessent said "what I've been very impressed with is the market infrastructure, that we had record volume on Friday." ...

Treasury Secretary Scott Bessent will huddle with House Republicans multiple times this week as the administration looks to soothe GOP concerns about the sweeping tariffs that President Trump ...

There are “no guarantees” there will not be a recession in the US, although there could be an adjustment, Treasury Secretary Scott Bessent said in an interview that aired on Sunday.

Treasury Department Secretary Scott Bessent said on Sunday that “there are no guarantees” when it comes to a recession. “Mr. Secretary, can you guarantee the American people here and now ...