I think that the Chinese will see that this high tariff level is unsustainable for their business model,” Scott Bessent said on ABC’s ‘This Week’ on Sunday.

By Matt Spetalnick, John Geddie and Lili Bayer WASHINGTON/TOKYO/BRUSSELS (Reuters) -He has launched an unprecedented global ...

TOKYO: Japanese Prime Minister Shigeru Ishiba left Sunday (Apr 27) for a four-day trip to Vietnam and the Philippines, as ...

Trump's cabinet sends mixed signals on tariff negotiations amid recession fears and global economic uncertainty.

MANY economies including the Philippines could see their manufacturing sectors come under increased pressure should a ...

Ken Griffin, founder of hedge fund Citadel, on Friday sharpened his criticism of the Trump administration’s trade policies, ...

Treasury Secretary Scott Bessent defended Trump’s negotiating strategy on trade deals but said he didn't know if Trump was ...

With the stock market in all-out rally mode for the first time since President Trump's tariff announcements, key updates on ...

President Donald Trump has backed off from his threats against Fed Chair Jerome Powell. He has softened his tone on trade ...

The polling shows Trump’s handling of the economy is helping to drag him down. A majority — 53% — of people said the economy ...

U.S. Treasury Secretary Scott Bessent recently met with Chinese officials at the IMF meetings in Washington, avoiding discussions on President Trump's tariffs. Despite Trump's claims of ongoing talks, ...

Consumer electronics, which are largely made in China, saw potential levies as high as 145% under President Trump’s tariffs.