The status quo of large U.S trade deficits cannot persist, Treasury Secretary Scott Bessent said. "Intentional policy choices by other countries have hollowed out America’s manufacturing sector and ...

In a surprising turn of events, President Donald Trump has hinted at a potential shift in the ongoing trade war with China.

Treasury Secretary Scott Bessent argued in a speech that the multilateral economic institutions have veered away from their missions.

President Trump said 145% tariffs on Chinese imports will "come down substantially" as his administration expressed optimism ...

Treasury Secretary Scott Bessent is delivering the keynote address to the Institute of International Finance in Washington, D ...

The president’s about-face on the central bank chief, following advice from his treasury and commerce secretaries, sent ...

Vice President JD Vance admitted outright on Wednesday that the United States is prepared to completely abandon Ukraine.

U.S. markets are poised to open with big gains, a clear signs of relief after President Donald Trump said he would not ...

Amid uncertainty about future economic growth, President Donald Trump is seemingly backing off his threats against the head ...

Bringing further relief to global markets spooked by his aggressive trade policies, Trump also said on Tuesday he had no ...

Trouble may be brewing in a horizon clouded by threats of U.S. tariffs, inflation and law enforcement pressure on Mexican ...