(Jim Lo Scalzo/Bloomberg News) Treasury Secretary Scott Bessent encouraged trading partners not to retaliate against new U.S. tariffs. "I would advise none of the countries to panic," Bessent said ...

A dozen states are suing the Trump administration over its “reckless” and “insane” tariff policies.The states, including ...

The widely accepted view is that hedge funds had to unwind basis trades by selling bonds when the yield became volatile in ...

The UK government has issued a serious alert to Brits as the Foreign Office strongly advises against "all but essential travel" to a list of 21 countries. These destinations are considered ...

US Treasury Secretary Scott Bessent emerged from this week’s market ructions as a perhaps-unexpected lead trade negotiator, offering a potential scenario for the coming months: US deals with ...

When Treasury Scott Bessent took the podium at the American Bankers Association on Wednesday morning he was anything but 'yippy.' ...

But Beijing’s decision to retaliate against President Trump’s punishing tariffs by raising levies on American imports to 84 percent could sting more than Mr. Bessent let on. “American ...

Business leaders have urged Labor and the Coalition to reject any demands from US President Donald Trump to join his trade war against China after US Treasury Secretary Scott Bessent foreshadowed ...

In a dramatic shift that stunned global markets, President Donald Trump on Wednesday announced a 90-day pause on most new tariffs, temporarily easing the economic pressure on dozens of countries ...

US Treasury Secretary Scott Bessent plans to meet officials from ... and new tariffs (including 125% on China), China advises against US travel due to economic and security issues.

The global economy appears to be in open rebellion against US President Donald Trump ... Treasury secretary Scott Bessent has previously said it could take months to strike deals with countries ...