The Yale Budget Lab noted that the letters sent Monday would hike the effective tariff rate on U.S. consumers to the highest ...

White House Press Secretary Karoline Leavitt was asked whether President Donald Trump was concerned trading partners won’t take him seriously because he’s shown a pattern of not ...

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

Treasury Secretary Scott Bessent joins CNN’s Dana Bash to discuss President Trump’s new domestic policy bill, as well as what ...

Treasury Secretary Scott Bessent said tariff letters will be sent to about 100 countries over the next several days, as the ...

The U.S. hopes to wrap up trade talks with more than a dozen nations by the start of September, Treasury Secretary Scott ...

But what will actually happen when the clock strikes midnight on what some are calling "Liberation Day 2.0" is anyone's guess. A series of comments from Trump and his officials this week — even ...

During a House Ways and Means Committee hearing, Virginia Rep. Don Beyer asked Bessent if Americans should prepare for a “Liberation Day 2.0,” referencing the early April ceremony where Trump ...

Treasury Secretary Scott Bessent indicated that Donald Trump is again intending to move the goalposts for his global tariff policy. The United States is fast approaching the end of the president ...

On April 2, which Trump dubbed “Liberation Day,” he unveiled a 10% baseline tariff on virtually all imports flowing into the US and a myriad of customized rates on almost every country.

Treasury Secretary Scott Bessent told lawmakers he would like to remain in his seat until 2029, but he also did not dismiss the possibility of becoming the next chair of the Federal Reserve.