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Tariffs have raised US$100 billion (S$128 billion) for the US so far, said US Treasury Secretary Scott Bessent. Read more at ...
Donald Trump started sending tariff letters to the trading partners on Monday. Japan and South Korea were the first nations ...
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.
WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent will skip a Group of 20 finance ministers and central bank ...
Futures tracking the S&P 500 and the Nasdaq inched higher on Tuesday as investors assessed U.S. President Donald Trump’s ...
Jerome Powell’s cautious rate policy sparks fierce criticism and succession talks, putting his Fed Chair tenure under ...
The United States has collected $100 billion in tariffs so far this year, a figure that could triple to $300 billion by ...
Japan's tariff negotiator, Ryosei Akazawa, and U.S. Treasury Secretary, Scott Bessent, have decided to continue discussions after President Donald Trump announced a 25% tariff on Japan starting August ...
A new book reveals his surprise that his supposed opponents defended him at a low point in his post-presidency.
Andrew Bates mocked President Donald Trump over the trade deals he keeps promising, asking how Trump can succeed when he can't stop "losing to himself." ...
U.S. Treasury Secretary Scott Bessent announced plans to meet with his Chinese counterpart in the coming weeks to advance ...