President Donald Trump's flurry of tariffs, government layoffs and spending freezes may be doing more to harm the U.S.

U.S. Treasury Secretary Scott Bessent told Fox Business host Larry Kudlow Thursday that world leaders emulating “a numbskull” ...

With prices still high, the Trump administration is heeding the risks of fanning inflation with import duties.

Treasury Secretary Scott Bessent defended Donald Trump’s tariffs, arguing that access to cheap goods are not the “essence of the American Dream.” ...

Treasury Secretary Scott Bessent said Friday the United States economy has become increasingly reliant on excessive government spending, adding, “There’s going to be a detox period.” “The ...

Treasury Secretary Scott Bessent warned the U.S. economy could enter a "detox period" as the administration shifts from ...

Treasury Secretary Scott Bessent warned that the US economy may see some disruption as the Trump administration shifts the ...

Describing the economy as inherited is a reference to the administration under then-President Joe Biden. Current President ...

Trade Minister Don Farrell has put on hold a planned US trip to seek an exemption from Donald Trump’s steel and aluminium tariffs as Labor prepares to shift into election mode, leaving Australia’s ...

The Trump administration seems to be doubling down on tariffs, even as it acknowledges — and dismisses — the repercussions of ...

United States President Donald Trump has delayed some tariffs targeting Canada and Mexico in moves that will bring reprieve ...

U.S. Treasury Secretary Scott Bessent says he is not worried about inflation stemming from a trade war with Canada and Mexico.