Scott Bessent, the newly appointed US Treasury Secretary, said that technical negotiations with Seoul are due to commence ...

S.Korea is a major exporter to the United States, Samsung Electronics and Hyundai stand to take a hit if the White House goes ahead with its 25% tariffs.

After global panic over the president’s trade proposals, Treasury Secretary Scott Bessent is downplaying his boss’s bluster.

The United States and China are sending conflicting messages about the status of trade negotiations as both sides maintain ...

The Dow, S&P 500 and Nasdaq Composite are making a run for the third straight day of gains as President Trump weighs taking a ...

President Donald Trump hosted Norwegian Prime Minister Jonas Gahr Store and Finance Minister Jens Stoltenberg at the White ...

Musk and Bessent’s relationship has been tense at best. The Tesla CEO lobbied hard to land Howard Lutnick as the Treasury ...

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

Turkish Finance Minister Mehmet Simsek and Central Bank Governor Fatih Karahan met on Wednesday with U.S. Treasury Secretary ...

White House Press Secretary Karoline Leavitt said Wednesday that there would be "no unilateral reduction in tariffs against ...

Although Bessent said the IMF and the World Bank are “falling short,” he did not call for the U.S. to withdraw from the ...

President Donald Trump said Wednesday that he could re-impose “reciprocal” tariffs on some countries in as soon as two or three weeks, a potentially significant re-escalation of the global trade war ...