To sweeten the deal, EU officials are also willing to extend a 2020 tariff-free arrangement on US lobster imports, as ...

President Donald Trump and Treasury Secretary Scott Bessent have a herculean task ahead of them in turning around the U.S.

Trump has given the Kremlin a financial out, allowing it to back Ukraine further into a corner with no commitment to any sort ...

The annual meetings of the Group of 7 finance ministers, known as the G7, are typically congenial and in previous years have ...

The U.S. and China have agreed to a 90-day pause on tariffs, cutting U.S. rates on Chinese goods from 145% to 30% and China's ...

Finance ministers from the Group of Seven industrial democracies will try to agree on policies to restore global growth and ...

A gauge of new export orders fell in April to its lowest reading since 2022, according to surveys by China’s National Bureau of Statistics. Read the full article ...

Treasury Secretary Scott Bessent said Walmart will absorb some of President Trump’s tariffs, but warned that consumers could ...

Treasury Secretary Scott Bessent made fresh clarifications on the country's evolving trade posture, particularly in relation ...

The new duties are effective as of May 19, and will last for five years. They're aimed at helping China's domestic industry.

Treasury Secretary Scott Bessent has acknowledged that Walmart, the largest U.S. retailer, may pass along some of the costs ...