Saying that some Democrats had walked into his “bear trap,” the Treasury secretary urged them: “Join me and cut taxes, and ...

Fed chair Jay Powell has said the Fed expects tariffs to only temporarily lift inflation, though the one-time increase in price level could be spread over several quarters.

Speaking at the DealBook Summit, Mr. Bessent said American trading partners are opening their markets to the United States ...

US Treasury Secretary Scott Bessent announced on Monday that the Trump administration will not sanction China over Russian ...

Treasury Secretary Scott Bessent says he has divested from his North Dakota soybean farmland. This move comes as he leads ...

STOCKHOLM--Top trade officials from China and the United States launched a new round of talks on Monday in a bid to ease tensions over tariffs between the world’s two biggest national economies. U.S.

Scott Bessent said in August that tariffs would raise “well over half a trillion, maybe toward a trillion-dollar number.” It ...

U.S. President Donald Trump said he saw the U.S. as locked in a trade war with China, even as Treasury Secretary Scott Bessent proposed a longer pause on high tariffs on Chinese goods to resolve a ...

Top Chinese and U.S. officials held a call on Friday to discuss trade, including ongoing efforts to implement an agreement to ...

U.S. Treasury Secretary Scott Bessent expressed confidence that the administration would be able to enforce its tariff ...

The next 11 months will be pivotal for Bessent ahead of the midterm elections, where affordability and the cost-of-living in ...

The White House said last month that China had agreed to buy the shipments “during the last two months of 2025”.