Democratic Rep. Mark Pocan asked Treasury Secretary Scott Bessent on Tuesday during House testimony: "Who pays tariffs?" REP.

Treasury Secretary Bessent struggles to explain who pays tariffs after being pressed on the issue by Rep. Mark Pocan.

Trump Commerce Sec. Howard Lutnick said dockworkers and truck drivers worried about jobs should "be positive because the ...

President Trump often takes maximalist positions, only to back down and declare a win. His opponents are catching on.

The US and China have agreed to put most tariffs on pause for 90 days, marking a major deescalation in a trade tit-for-tat ...

U.S. Treasury Secretary Scott Bessent hailed the progress made with China on tackling fentanyl at trade talks in Switzerland, saying Beijing is "now serious" about the issue.

While exporters are likely to welcome the tariff reduction agreement, the effective rates of taxation are still complex – and ...

President Donald Trump’s faith in tariffs is undimmed by a dose of negative US growth and signs of a looming supply crunch.

BEIJING: Xi Jinping's decision to stand his ground against Donald Trump could hardly have gone any better for the Chinese ...